Today’s News Synopsis:
Crypto in home lending? FHFA Director William Pulte has ordered Fannie Mae and Freddie Mac to consider crypto assets in evaluating mortgage applicants, aiming to expand access to homeownership and align with the push to make the U.S. a crypto leader.
In The News:
Reuters – “Regulator orders Fannie, Freddie to consider crypto holdings in loan assessments” (06-25-25)
“In a directive signed Wednesday, Pulte said that considering additional borrower assets — such as cryptocurrencies — could enable Fannie and Freddie to assess the full financial picture of a borrower and could “facilitate sustainable homeownership to creditworthy borrowers.”“
Scotsman Guide – “HUD moves to level multifamily mortgage insurance premiums, end green housing mandate” (06-25-2025)
“The Department of Housing and Urban Development (HUD) proposed a leveling of multifamily mortgage insurance premiums (MIPs) to 25 basis points for all Federal Housing Administration (FHA) multifamily program categories.”
Redfin – “New Listings Lose Steam, Pending Sales Fall As Home Prices Hit Another Record High“ (06-26-25)
“New listings of U.S. homes for sale are up 2.5% from a year ago, the smallest increase in five months. On a local level, new listings are falling in 20 of the 50 most populous U.S. metro areas, with the biggest declines in Tampa, FL (-15.2%), San Antonio (-14.4%), and Orlando, FL (-11.1%). ”
Yahoo Finance – “US pending home sales rise more than expected in May“ (06-26-25)
“Contracts to buy previously owned U.S. homes increased more than expected in May, but higher mortgage rates remain a constraint for buyers.”
AP News – “May home sales barely move as high mortgage rates, prices, weigh on housing market” (06-23-25)
“Sales of previously occupied U.S. homes edged higher in May, as stubbornly high mortgage rates and rising prices made homebuying less affordable even as the inventory of properties on the market continued to increase.“
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