U.S. housing regulator will study the use of cryptocurrencies in mortgage eligibility
Online reports, According to The Block, Bill Purt, director of the U.S. Federal Housing Finance Agency (FHFA), announced that the agency will study how to include cryptocurrency holding in the mortgage eligibility review process. As the independent regulator responsible for overseeing Fannie Mae, Freddie Mac and the Federal Home Loan Bank, the FHFA's move marks the wider recognition of digital currencies in mainstream finance. Pulte himself has invested in cryptocurrencies since 2019, and his financial disclosures show he holds US$500,000 to US$1 million worth of Bitcoin and Solana. Pulter became director of the FHFA in March this year after Trump's nomination, but has not yet announced the specific scope of the research, the types of cryptocurrencies considered or the research timetable.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.