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Mortgage Loans: Digital Assets as Collateral

This new act allows mortgage agencies like Fannie Mae and Freddie Mac to consider digital assets (e.g., cryptocurrencies) as part of financial reserves when assessing mortgage loan risk. This means holders of such assets may find it easier to access home loans without needing to convert them to dollars first. However, agencies will apply adjustments for the volatility and liquidity of these assets.
Key points
Digital assets (e.g., cryptocurrencies) can be used as collateral when applying for a mortgage loan.
Mortgage agencies will assess loan risk, considering the volatility and liquidity of digital assets.
No need to convert digital assets to US dollars before they are considered in credit assessment.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2471
Sponsor: Sen. Lummis, Cynthia M. [R-WY]
Process start date: 2025-07-28
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

21st Century Mortgage Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2471.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-07-28.

What are the main provisions?

Key points include:

  • Digital assets (e.g., cryptocurrencies) can be used as collateral when applying for a mortgage loan.
  • Mortgage agencies will assess loan risk, considering the volatility and liquidity of digital assets.
  • No need to convert digital assets to US dollars before they are considered in credit assessment.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Lummis, Cynthia M. [R-WY].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Real Estate Economy