FHFA Orders Fannie Mae Freddie Mac to Accept Cryptocurrency for Mortgages by 2025

The Federal Housing Finance Agency (FHFA), under the leadership of Director William J. Pulte, has announced a significant policy shift that will include cryptocurrency assets in mortgage assessments starting mid-2025. This directive, issued on June 25, 2025, represents a pivotal moment in the integration of digital assets with traditional finance, potentially altering the dynamics of the mortgage market.

Bitcoin is a primary focus of this policy, reflecting the growing acceptance of digital assets in the financial sector. The FHFA oversees key entities such as Fannie Mae and Freddie Mac, which will now prepare to incorporate crypto holdings like Bitcoin into their mortgage calculations. This move is part of a broader financial innovation strategy promoted by current U.S. leadership, aiming to expand access and foster new financial inclusion by validating digital assets as collateral.

The directive could significantly impact the U.S. mortgage market, encouraging traditional lenders to adapt to the increasing digital wealth seen among the populace. However, it also requires a re-evaluation of current regulatory frameworks to manage the risks associated with crypto volatility. Mortgage markets may see enhanced liquidity as crypto holders consolidate their positions through regulated exchanges, potentially leading to increased mainstream adoption and new forms of mortgage collateralization.

While immediate on-chain changes are minimal, the directive could eventually elevate crypto activity within regulated financial spaces, especially for users eyeing mortgage qualification. Expert analyses suggest potential shifts in financial, regulatory, and technological sectors, with historical trends indicating a favorable trajectory for crypto integration. The FHFA's decision is part of a broader push to establish the United States as a leader in the cryptocurrency space, reflecting a growing recognition of the potential of digital assets in the financial sector.

Director Pulte emphasized the significance of this move, stating, "After significant studying, and in 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." This directive marks a significant shift from the previous requirement that cryptocurrencies be converted to U.S. dollars before being included in mortgage risk assessments, paving the way for greater innovation and flexibility in the mortgage industry.