Crypto
U.S. House renews push for bill to count crypto assets in mortgage qualification
A bill that would encourage U.S. federal housing agencies to reflect cryptocurrency holdings in mortgage underwriting has drawn renewed attention. Representative Nancy Mace reaffirmed her intent to advance the American Homeowner Crypto Modernization Act, saying crypto ownership should not bar people from homeownership. The proposal would not accept unverified wallet balances and would require documentation such as proof of ownership, transaction records and exchange documents. The bill remains in early legislative stages in Congress.
