FHFA Director issues directive: Fannie Mae and Freddie Mac will study including cryptocurrencies as mortgage assets

On Wednesday local time, Mark Pulte, director of the Federal Housing Finance Agency (FHFA), issued a major announcement on social media that he had officially instructed Fannie Mae and Freddie Mac to start preparations to explore the inclusion of cryptocurrencies in the category of recognizable assets for mortgage applications.

Pulte pointed out in the statement that this move was made on the basis of "in-depth research and in accordance with President Trump's grand vision of making the United States the 'crypto capital'". He emphasized that this policy will open up new ways for more Americans to obtain housing loans, especially those who hold a large number of digital assets but are restricted in the traditional credit system.

This statement means that the US government has made a major shift in its position on the inclusion of crypto assets in the mainstream financial review system at the federal level. For a long time, the US mortgage system has mainly relied on cash income, bank deposits and traditional investment assets for evaluation, while crypto assets have never been included in the evaluation system due to price volatility and compliance issues.

If Fannie Mae and Freddie Mac eventually consider mainstream cryptocurrencies such as Bitcoin and Ethereum as assets that can be used for repayment, it may not only expand the availability of housing credit for crypto asset holders, but also mean that digital assets will be further integrated into the traditional financial structure.

At present, FHFA has not yet disclosed a specific operational plan, but it can be expected that asset value volatility control, custody transparency, KYC/AML compliance and audit mechanisms will become core considerations for inclusion in the assessment framework. If the policy is implemented, it will bring systemic benefits to the digital asset market and promote the deep integration of stablecoins, on-chain financial records and mortgage financial systems.