US regulator directs Fannie Mae, Freddie Mac to consider cryptocurrency as an asset
The U.S. housing regulator directed Fannie Mae and Freddie Mac to consider cryptocurrency as an asset for single-family mortgage loan risk assessments. Federal Housing Finance Agency (FHFA) Director William Pulte said in a social media post on Wednesday that he ordered government-sponsored enterprises, which play a critical role in the home financing industry, to "prepare their businesses to count cryptocurrency as an asset for a mortgage." Pulte said the move aligns with […]