Real Estate
Fannie, Freddie Ordered to Find Ways to Count Crypto as an Asset
The Freddie Mac headquarters in Mclean, Virginia.
Photographer: Kent Nishimura/BloombergBill Pulte, who leads the Federal Housing Finance Agency, ordered Fannie Mae and Freddie Mac to propose ways to consider cryptocurrencies when the entities assess risk for mortgage loans.
“Today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage,” Pulte said in a post on X.