WASHINGTON–The U.S. Federal Housing Finance Agency (FHFA) plans to explore how cryptocurrency holdings could be factored into the mortgage qualification process.
The FHFA oversees Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.
“We will study the usage [of] cryptocurrency holdings as it relates to qualifying for mortgages,” FHFA Director Bill Pulte said in a post on social media platform X.
Pulte, however, did not provide further details regarding the scope of the study, specific cryptocurrencies that might be considered, or the timeline for the research.
Director Holds Bitcoin
Pulte assumed his role as director in March of this year, following President Donald Trump’s nomination in January. Previously, Pulte has publicly expressed interest in crypto since 2019, when he announced the purchase of 11 BTC, according to the Block.
The Block further reported that according to Pulte’s financial disclosure in February, the FHFA director disclosed holdings in bitcoin and Solana, both valued at between $500,001 and $1 million. He also held shares of bitcoin mining-focused firm MARA Holdings.
