Under the proposal, the GSEs must include digital assets recorded on a cryptographically secured distributed ledger when assessing risk for single-family mortgages. They would be prohibited from requiring borrowers to convert these assets into U.S. dollars. In a statement to justify the bill, Lummis said that homeownership is not a reality for many young Americans.
Falcon sat down with HousingWire to offer his perspective as a predecessor of Pulte’s and to showcase Falcon Capital Advisors’ new digital asset practice that advises mortgage lenders on how to safely incorporate crypto and other digital currencies into their businesses. This interview has been edited for length and clarity. Sarah Wolak: Can you tell
Phil Crescenzo, the Southeast division vice president for Nation One Mortgage Corp., says that the new directive is “too narrow” to impact homebuyers since it’s only targeting conventional loans via the government-sponsored enterprises (GSEs). “If a borrower already has stocks or retirement accounts, an underwriter may not even factor in the crypto,” Crescenzo said. Alternative
Ike Suri – CEO of FundingShield NEWPORT BEACH, Calif., May 29, 2025–(BUSINESS WIRE)–In a major step toward protecting the integrity of the U.S. housing finance system, Fannie Mae CEO Priscilla Almodovar, FHFA Director Bill Pulte, and Palantir Technologies CEO Alex Karp have joined forces in a coordinated initiative to combat mortgage fraud across the homebuying