💥 Breaking! The director of the U.S. mortgage regulator FHFA, Bill Pulte (yes, the rich third-generation from Pulte Homes and a crypto enthusiast), just stated: Fannie Mae & Freddie Mac are considering accepting Bitcoin as collateral for home purchases!
📈 As soon as the news broke, BTC surged 2.2% instantly, breaking through $107,000! But don’t rush to FOMO—can this really happen? Or is it just another 'good news sell-off' act?
🤔 My view: Short-term speculation, long-term revolution.
1️⃣ In the short term, symbolic significance is greater than actual impact.
Currently just 'research'; it's still far from actual implementation.
The U.S. mortgage market is extremely conservative, and the regulatory process is lengthy; don’t expect to use BTC for a down payment tomorrow.
But market sentiment has already been ignited; breaking past highs for BTC may just be a matter of time.
2️⃣ In the long run, this is a key step for crypto to integrate into mainstream finance.
Fannie Mae & Freddie Mac control 70% of U.S. mortgages; if they accept BTC, it would equal official recognition of its 'asset' status.
In the future, there may emerge a new financial play of 'BTC collateral loans + stablecoin repayments', fundamentally changing the home buying model.
3️⃣ The biggest resistance: Volatility & regulation.
Bitcoin fluctuates 10% in a day; will banks dare to accept it as collateral? Most likely, they will 'discount' its value (for example, only counting 50% of the market value).
SEC, Federal Reserve, Treasury... a bunch of regulatory agencies may jump out to oppose this, especially since they have dragged out spot ETFs for 10 years!
💼 Who is Director Bill Pulte? An 'insider' in the crypto circle!
Trump's loyalist, just took office in 2025.
Large holders (BTC + SOL worth over a million dollars).
🔺 Conclusion: This person really wants to promote crypto, but the bureaucratic machine in Washington is hard to deal with.
🏠 Private institutions have long been testing the waters, but there are many issues.
Milo Credit: Loans secured by BTC, but high interest rates + over-collateralization (borrowing $1 million requires $2 million in BTC).
Figure Tech: Engaging in large crypto mortgages, but unable to resell to the GSEs, resulting in poor liquidity.
🔻 The reality is harsh: Currently, crypto mortgages are still a 'rich person's game'; ordinary people can't afford it.
📌 Ultimate conclusion: Bull market fuel has been added, but don't be too naive.
✅ Positive sentiment → Drives BTC up.
✅ Long-term narrative → Normalization of crypto assets.
❌ Short-term implementation → It’s impossible to buy a house with BTC next year.
🚀 So, hold steady!