Crypto must be held at US-regulated centralized exchanges like Coinbase to qualify. Private wallets and unregulated platforms are excluded from the framework.
Lenders must apply valuation adjustments for crypto's notorious price swings. Freddie Mac and Fannie Mae will monitor what portion of total reserves crypto represents.
Homebuyers with crypto holdings no longer face the choice between selling (tax bill) or liquidating to satisfy underwriting. They can pledge crypto directly.
Advocacy groups raised concerns about exchange-custody risks and whether crypto volatility aligns with traditional mortgage underwriting standards and consumer protection.
No rollout date announced yet. Fannie Mae and Freddie Mac are in planning phases to build new underwriting models and compliance frameworks for crypto-backed mortgages.
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