Joe.My.God. LGBT News
Investopedia reports:
Holders of cryptocurrencies may now have an easier time acquiring a mortgage after a key federal regulator made a move that could let lenders consider a homebuyer’s digital holdings during the mortgage application process.
In a social media post Wednesday, Federal Housing Finance Administration Director William Pulte said he has directed Fannie Mae and Freddie Mac to find a way for lenders to consider cryptocurrency holdings when deciding whether a borrower has sufficient assets to obtain a mortgage.
The FHFA oversees Fannie and Freddie, government-sponsored enterprises that guarantee mortgages and purchase home loans on the secondary market. While Fannie Mae and Freddie Mac don’t issue mortgages, they can set rules on what type of mortgages they are willing to buy.
Read the full article. In April, Pulte referred New York AG Letitia James to the DOJ for criminal prosecution over supposed “falsified bank documents and property records.” Nothing has come of that so far.
FHFA Director William Pulte: “[I]n 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” pic.twitter.com/PfExEM95dE
— Molly White (@molly0xFFF) June 25, 2025
Director William J. Pulte was officially sworn in today after being nominated by President Trump and confirmed by the U.S. Senate in a bipartisan 56-43 vote. #GoldenAgeofHousing #MakeHousingGreatAgain pic.twitter.com/lDTlOSY5ru
— U.S. Federal Housing (FHFA) (@FHFA) March 14, 2025