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Trump's housing chief said he had directed Fannie and Freddie to come up with proposals to start counting crypto as an asset in mortgage risk assessment.
The order directs Fannie Mae and Freddie Mac to develop proposals that include digital assets — without requiring borrowers ...
Cryptocurrency holdings have traditionally not been considered in mortgage risk assessments unless the digital currency is converted to dollars, in which case it would be considered. Once the order is ...
Fannie Mae and Freddie Mac are government-backed enterprises that purchase mortgages on the secondary market, issue them as mortgage-backed securities (MBSs), and guarantee payments to investors.
US stocks edge up, with S&P 500 and Nasdaq near record highs. AI sentiment improves. Trump criticizes Fed chair Powell, boosting rate cut bets.
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Money on MSNHome Buyers Could Soon Use Crypto for MortgagesHome buyers may soon be able to use cryptocurrency as an asset on mortgage applications. On Wednesday, Federal Housing ...
In another sign of President Donald Trump's focus on cryptocurrency, the head of the U.S. Federal Housing Finance Agency ...
The directive is “in keeping with President Trump’s vision to make the United States the crypto capital of the world.” ...
Americans are finding ways to use digital currencies to help them buy homes, and new companies are forming to help people tap ...
The regulator of the United States' largest mortgage provider has ordered that cryptocurrencies be listed as mortgage assets.
The U.S. housing market showed signs of life in May, according to the National Association of Realtors. Pending home sales ...
FHFA instructed Fannie Mae and Freddie Mac to prepare proposals for including cryptocurrency as an asset for mortgage ...
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