đš $8 Trillion U.S. FHFA Recognizes Bitcoin for Mortgage Risk Assessments
đ In a landmark move, the Federal Housing Finance Agency (FHFA) has issued a directive enabling Fannie Mae and Freddie Mac to treat Bitcoin and other cryptocurrencies as legitimate assets for mortgage evaluations.
đ Signed on June 25, this directive could reshape the landscape of U.S. housing finance, offering crypto holders a path to homeownership without needing to liquidate their digital assets.
đĄ What this means:
â«ïž Bitcoin can now be counted as part of your asset profile in mortgage risk assessments
â«ïž A huge leap forward in the mainstream adoption of crypto in traditional finance
â«ïž Paves the way for broader financial inclusion for Web3 participants
đ With the U.S. housing finance system managing over $8 trillion, this move sends a strong signal that crypto is evolving from speculative asset to financial infrastructure.
đą The big question: Will more agencies and financial institutions follow suit?
#Bitcoin #FHFA #Crypto #Mortgage #Web3
https://coingape.com/8-trillion-u-s-fhfa-recognises-bitcoin-for-mortgages/
