US adopts crypto in mortgage risks as Fannie Mae and Freddie Mac update asset models
US Federal Housing Finance Agency (FHFA) Director Willian J. Pulte ordered on June 25 that Fannie Mae and Freddie Mac treat cryptocurrency reserves as eligible assets when they measure risk on sing...
Source: CryptoSlate
US Federal Housing Finance Agency (FHFA) Director Willian J. Pulte ordered on June 25 that Fannie Mae and Freddie Mac treat cryptocurrency reserves as eligible assets when they measure risk on single-family mortgage loans, effective immediately. The two government-sponsored enterprises must draft plans that show how they will recognize borrower crypto holdings without first converting […]