Bitcoin held on U.S.-regulated centralized exchanges can now count as a reserve asset when applying for a mortgage.📨💰
• Borrowers are not required to convert their Bitcoin into U.S. dollars before loan approval; the crypto itself is recognized as part of their financial profile.📈
• Fannie Mae and Freddie Mac must adjust their risk assessments to include the volatility and market risks associated with Bitcoin holdings.💵
• The policy aims to broaden access to mortgages by allowing crypto investors to leverage their digital assets without liquidating them.💸