United States Real Estate Firm Eyes Crypto Holdings for Home Loans
The U.S. Federal Real Estate Finance Agency (FHFA) is introducing an evaluation to determine whether digital assets such as Bitcoin must be factored into home mortgage qualification criteria. The review will analyze how cryptocurrencies may be integrated into the property and wealth assessments used by federally backed mortgage giants like Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. By considering Bitcoin and similar assets as part of an individual’s wealth profile, home loan applicants with significant digital holdings might gain improved access to federally backed home financing.