A Look At Senator Cynthia Lummis’ “21st Century Mortgage Act”, To Allow Cryptos as Collaterals in Mortgages

Tekedia | 01-08-2025 11:30am |

US Senator Cynthia Lummis introduced the 21st Century Mortgage Act to allow cryptocurrency holdings to be considered as collateral in mortgage applications without requiring conversion to US dollars. The bill codifies a June 2025 directive from the Federal Housing Finance Agency (FHFA) instructing Fannie Mae and Freddie Mac to explore incorporating digital assets into mortgage [...]The post A Look At Senator Cynthia Lummis’ “21st Century Mortgage Act”, To Allow Cryptos as Collaterals in Mortgages appeared first on Tekedia.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.