Fannie Mae Breaks Tradition: Crypto-Backed Mortgages Are Coming

Federal Housing Finance Agency Director Bill Pulte has instructed Fannie Mae and Freddie Mac to draft proposals allowing cryptocurrency holdings to count as mortgage reserves without requiring conversion into U.S. dollars. The directive marks a major departure from current rules, where borrowers must liquidate crypto assets before they can be considered in loan approvals. Fannie The post Fannie Mae Breaks Tradition: Crypto-Backed Mortgages Are Coming appeared first on BeInCrypto.