Now Bitcoin will be accepted to ask for mortgage loans in the United States
The federal housing financing (FHFA) of the United States announced a historical change: from now on, cryptoactives such as Bitcoin (BTC) may be considered among eligible assets to request a mortgage loan.
This was confirmed by the current director of the agency, William J. Antart, through a series of publications, indicating that ordered the companies Fannie Mae and Freddie Mac that prepare to count cryptocurrencies as eligible assets for a mortgage.
“Today is a historic day for the cryptocurrency industry and for the mortgage sector, since Fannie Mae and Freddie Mac are now in a position to incorporate cryptocurrencies into the granting of mortgages,” wrote Ablte, who also thanked President Donald Trump for converting the United States into “the world of cryptoactive world of the world.”
Fannie Mae and Freddie Mac are two entities sponsored by the government that They play a fundamental role in the United States Mortgage Marketsince they buy loans issued by banks and other institutions to provide liquidity to the financial system. Currently, these two entities handle assets for more than 7.8 billion dollars, reflecting their enormous influence.
In another message, the head of the FHFA said that He made the decision after an exhaustive analysis and in line with Trump’s vision to position the United States as undisputed leader in the digital currency sector.
The annoy announcement was disseminated by David SacksTrump’s main advisor in artificial intelligence and cryptocurrencies. Its support reinforces the support of the president’s team to this new policy that seeks to integrate digital assets into the traditional financial system.
Two days before the announcement, the specialist in the real estate sector had already anticipated that this progress was possible. As Cryptonotics reported, at that time he warned that they were going to study the use of cryptocurrency holdings in relation to the rating for mortgages. Although brief, the message reflected the intention of the FHFA to evaluate how digital assets could be integrated into eligibility criteria for mortgage loans.
The new measure represents an important advance towards the institutional adoption of Bitcoin and cryptocurrencies in the real estate sector, especially by including Fannie Mae and Freddie Mac, the two main mortgage entities in the country. However, details about their practical implementation remain to be defined.
