The Federal Housing Finance Agency (FHFA) will study how cryptocurrency holdings may be assessed in the mortgage qualification process. This information was announced by FHFA Director Bill Pulte, a long-time cryptocurrency supporter, on Monday.
FHFA will study the impact of Crypto assets on mortgage lending.
"We will study the use of cryptocurrency assets related to mortgage qualification," Pulte announced on X. Currently, there are no further details on how cryptocurrency will be assessed.
The Federal Housing Finance Agency (FHFA) is an independent regulatory agency overseeing key aspects of the U.S. housing market, including Fannie Mae, Freddie Mac, and federal home loan banks. The agency was established after the 2008 financial crisis to ensure that institutions operate safely and provide a reliable source of funding for housing finance.
Pulte took office as director #FHFA on March 14 after being nominated by President Donald Trump.
Bill Pulte: A supporter of Crypto and "Meme Stock" investor.
Bill Pulte is the founder of investment firm Pulte Capital Partners, as well as the grandson and heir of William Pulte, founder of Pulte Homes – the third-largest home building company in the United States.
In addition to advocating for the inclusion of cryptocurrency in FHFA policy, Pulte also has private investments in digital assets. His financial disclosures earlier this year showed he holds between $500,001 and $1,000,000 in both Bitcoin and Solana. He also holds shares of MARA (formerly Marathon Digital Holdings), a major Bitcoin mining company.
In addition to cryptocurrency, he also holds "meme" stocks like GameStop and Bed Bath & Beyond. He has invested in Tesla, Palantir, and several companies owned by YouTube content creator MrBeast. Pulte entered the cryptocurrency market in 2019, publicly revealing that he bought 11 $BTC and announced he would give cryptocurrency to his followers on X.
According to OpenSecrets, Pulte donated $6,600 to Donald Trump's 2024 re-election campaign, as well as contributing to Trump's Save America PAC and the Republican National Committee.