US Senator's Mortgage Bill Recognizes Crypto in Loan Eligibility
U.S. Senator Cynthia Lummis (R-WY) is introducing a mortgage reform bill to recognize crypto assets in home loan eligibility assessments. The 21st Century Mortgage Act will require government-sponsored enterprises to consider digital assets when assessing single-family mortgage eligibility. JUST IN: Senator Cynthia Lummis introduces mortgage reform bill to recognize crypto assets in home loan eligibility assessments. — Watcher.Guru (@WatcherGuru) July 29, 2025 “The American dream of homeownership is not a reality for many young people,” Lummis said this week. “This legislation embraces an innovative path to wealth-building, keeping in mind the growing number of young Americans who possess digital assets. We’re living in a digital age, and rather than punishing innovation, government agencies must evolve to meet the needs of a modern, forward-thinking generation.” Under the proposed bill, the Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corpora...