FHFA’s Pulte Orders Fannie, Freddie to

Consider Crypto as a Mortgage Asset

From FiSolve, Federal Housing Finance Agency Director William Pulte shared via social media post his instructions to Fannie Mae and Freddie Mac to prepare their businesses for counting cryptocurrency as an asset on mortgage applications.  Pulte said the move was “in keeping with President Trump’s vision to make the United States the crypto capital of the world.”  In his order, he said crypto is an emerging asset class that may offer an opportunity to build wealth outside of the stock and bond markets.  Read more here.

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