US Housing Regulator to Study Crypto Holdings in Mortgage Qualification Process

By Callan Quinn

The U.S. Federal Housing Finance Agency will examine how crypto holdings might be considered in the mortgage qualification process, its director, Bill Pulte, said Monday.

"We will study the usage of cryptocurrency holdings as it relates to qualifying for mortgages," Pulte announced on X.

Further details on how crypto would be assessed were not provided. The FHFA has been approached for comment.

The FHFA is the independent regulator of key aspects of the U.S. housing market, including Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. 

It was created in the wake of the 2008 financial crisis to ensure entities operate safely and provide reliable funding for housing finance.

Pulte was sworn in as director of the FHFA on March 14 following his nomination by President Donald Trump.

Pulte, the founder of investment firm Pulte Capital Partners, is the grandson and namesake of William Pulte, the founder of Pulte Homes, the third-largest homebuilder in the U.S.

In addition to advocating for the inclusion of crypto in FHFA policy, Pulte has his own investments in digital assets.

His financial disclosure earlier this year shows holdings of between $500,001 and $1,000,000 in both Bitcoin and Solana. 

He also holds shares in MARA, formerly Marathon Digital Holdings, a major bitcoin mining company.

In addition to crypto, he has also held so-called meme stocks such as GameStop and Bed Bath & Beyond. He has invested in Tesla, Palantir, and several companies owned by YouTube content creator MrBeast.

Pulte entered the crypto market in 2019, publicly revealing that he had purchased 11 BTC and announcing that he would give away crypto to his followers on X.

According to OpenSecrets, Pulte donated $6,600 to Donald Trump’s re-election campaign in 2024, as well as contributions to Trump's Save America PAC and the Republican National Committee.

Edited by Sebastian Sinclair

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