The US Federal Housing Finance Agency will look at how crypto-holdings are considered in the mortgage eligibility process, its director, Bill Pult said Monday.
“We will study the use of cryptocurrency holdings related to mortgage eligibility,” Pulte said. announcement x.
No details were provided about how ciphers are evaluated. FHFA was approached for comments.
FHFA is an independent regulator of key aspects of the US housing market, including Fannie Mae, Freddie Mac and the Federal Mortgage Bank.
It was created in the wake of the 2008 financial crisis to ensure that the entities operate safely and provide reliable funding for housing finance.
Partht was sworn in as director of the FHFA on March 14, following a nomination by President Donald Trump.
Pulte, founder of investment firm Pulte Capital Partners, is the grandson and name of William Pulte, founder of Pulte Homes, the third largest home builder in the United States.
In addition to advocating for the inclusion of crypto in its FHFA policy, Pulte has made its own investments in digital assets.
His Financial disclosure Earlier this year, holdings are shown between $500,001 and $1,000,000 in both Bitcoin and Solana.
He also holds stakes in Mara, the former Marathon Digital Holdings, a leading Bitcoin mining company.
In addition to Crypto, he also owns so-called meme stocks such as Gamestop and Bed Bath & Beyond. He has invested in several companies owned by Tesla, Palantia and YouTube content creator Mrbeast.
Pulte entered the Crypto Market, released in 2019 clearly That he has purchased 11 BTC and announced that he will hand out the code to X’s followers.
According to opensecretsPulte donated $6,600 to Donald Trump’s reelection campaign in 2024, and his contributions to Trump’s Save America PAC and the Republican National Committee.
edit Sebastian Sinclair