Lawmakers press FHFA on crypto for mortgages
By: Jonathan Delozier | Published: 2025-07-25 21:25:00 | Source: www.housingwire.com
Senate Democrats press FHFA on crypto use in mortgages
Five Senate Democrats are urging caution as the Federal Housing Finance Agency considers allowing unconverted cryptocurrency in mortgage underwriting. Citing volatility, security and ethical concerns, the lawmakers warn such a move could destabilize housing markets. Pushback follows FHFA Director Bill Pulte’s social media remarks signaling openness to crypto-backed mortgage assets.
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