Federal Housing Finance Agency (FHFA) Director William J. Pulte posted to X issuing an order that directs Fannie Mae and Freddie Mac to consider cryptocurrency as an “asset for single-family loans.”  

Cryptocurrency has not been a consideration in the mortgage risk assessment process, but that could soon change.  

According to the declaration, cryptocurrency has become an emerging class that may offer an opportunity to build wealth outside of the stock and bond markets.  

Earlier this week, Pulte shared on X that FHFA will be studying the “usage of cryptocurrency holdings as it related to qualifying for mortgages.” 

Days later, the declaration was posted on social media. Pulte wrote, “After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.”