Clicky

  • Login
  • Register
  • Submit Your Content
  • Contact Us
Friday, June 27, 2025
World Tribune
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
Submit
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
No Result
View All Result
World Tribune
No Result
View All Result

Trump administration moves to count crypto as a federal mortgage asset

June 26, 2025
in News
Reading Time: 2 mins read
A A
Trump administration moves to count crypto as a federal mortgage asset
0
SHARES
ShareShareShareShareShare

READ ALSO

The $5 million Trump Card faces legal challenges, limited market

AI is doing up to 50% of the work at Salesforce, CEO Marc Benioff says

Trump administration moves to count crypto as a federal mortgage asset

In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk assessments.

The move, signed by FHFA Director William J. Pulte on Wednesday, signals a new era of crypto integration into traditional financial infrastructure — this time within the core of American home lending.

The order directs both housing finance giants to develop proposals that include digital assets — without requiring borrowers to liquidate them into U.S. dollars prior to a loan closing.

Pulte said in a post on X that the move aligns with President Donald Trump’s vision “to make the United States the crypto capital of the world.”

Historically, cryptocurrency has been excluded from underwriting frameworks due to volatility, regulatory uncertainty, and the inability to easily verify reserves. This directive changes that.

The decision comes at a time of increasing institutional embrace of crypto across banking, payments, and federal policy.

“Cryptocurrency is an emerging asset class that may offer an opportunity to build wealth outside of the stock and bond markets,” the order states, acknowledging crypto’s growing role in household financial portfolios.

The directive restricts consideration to digital assets that are stored on U.S.-regulated, centralized exchanges and can be clearly evidenced. It also requires Fannie Mae and Freddie Mac to develop internal adjustments to account for crypto’s market volatility and ensure that any risk-weighted reserves comprised of crypto do not compromise underwriting standards.

Under the directive, both enterprises must submit their assessment proposals to the boards of directors for approval and then to the FHFA for final review.

Fannie Mae and Freddie Mac were put under government control in September 2008 as entities that are known as government-sponsored enterprises, or GSEs.

Watch: Mastercard stock jumps as it links Fiserv’s new stablecoin to its global payments network

Mastercard stock jumps as it links Fiserv's new stablecoin to its global payments network

Credit: Source link

ShareTweetSendSharePin
Previous Post

Texas Sets the National Stage: How One State’s Food Labeling Revolution Could Transform Your Business

Next Post

Here’s everything you need to know about the iPhone operating system

Related Posts

The  million Trump Card faces legal challenges, limited market
News

The $5 million Trump Card faces legal challenges, limited market

June 27, 2025
AI is doing up to 50% of the work at Salesforce, CEO Marc Benioff says
News

AI is doing up to 50% of the work at Salesforce, CEO Marc Benioff says

June 26, 2025
Iran-Israel war sparks fresh interest in India’s defense sector
News

Iran-Israel war sparks fresh interest in India’s defense sector

June 26, 2025
Serena Williams shares No.1 value parents taught her
News

Serena Williams shares No.1 value parents taught her

June 26, 2025
Is there room for sterling to make gains against the dollar?
News

Is there room for sterling to make gains against the dollar?

June 26, 2025
China urges Beijing-backed development bank to focus more on Belt and Road Initiative
News

China urges Beijing-backed development bank to focus more on Belt and Road Initiative

June 26, 2025
Next Post
Here’s everything you need to know about the iPhone operating system

Here's everything you need to know about the iPhone operating system

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

What's New Here!

Reeves’ plans contending with the bond market

Reeves’ plans contending with the bond market

June 12, 2025
The Switch 2 is coming to Walmart tonight at 9PM ET — but there’s a catch

The Switch 2 is coming to Walmart tonight at 9PM ET — but there’s a catch

June 26, 2025
Brett Baty exits with groin tightness in new Mets injury concern

Brett Baty exits with groin tightness in new Mets injury concern

June 16, 2025
Brad Marchand’s mom goes nuts after his Game 2 heroics as Panthers star offers cheeky response

Brad Marchand’s mom goes nuts after his Game 2 heroics as Panthers star offers cheeky response

June 7, 2025
Jalen Brunson’s wife shares message to Knicks after playoff loss

Jalen Brunson’s wife shares message to Knicks after playoff loss

June 1, 2025
The Meta Quest 3S Xbox Edition is out now and it costs 0

The Meta Quest 3S Xbox Edition is out now and it costs $400

June 24, 2025
AI is doing up to 50% of the work at Salesforce, CEO Marc Benioff says

AI is doing up to 50% of the work at Salesforce, CEO Marc Benioff says

June 26, 2025

About

World Tribune is an online news portal that shares the latest news on world, business, health, tech, sports, and related topics.

Follow us

Recent Posts

  • Nets trade second-rounder after five-pick first round 2025 NBA Draft haul
  • The $5 million Trump Card faces legal challenges, limited market
  • Google tweaked its AI-powered Ask Photos feature and restarted its rollout
  • Republicans are scrambling after learning their proposed cuts to Medicaid, which would offset trillions in tax breaks, violate Senate rules

Newslatter

Loading
  • Submit Your Content
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2024 World Tribune - All Rights Reserved!

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food

© 2024 World Tribune - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In