FHFA orders Fannie Mae, Freddie Mac to assess crypto for mortgages

The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to explore including cryptocurrency as a reserve asset in single-family mortgage risk assessments. The move, announced by FHFA Director William Pulte, aligns with President Trump’s broader strategy to support the crypto industry and position the U.S. as a global leader in digital assets. According to The Block, proposals from both agencies are expected following this directive.