Is Bitcoin About to Be the New Mortgage? The Shocking Move That Could Change Everything

When Code Became Collateral

Last week, Bill Pulte—yes, that Pulte—dropped a bombshell. As head of the Federal Housing Finance Agency (FHFA), he instructed Fannie Mae and Freddie Mac to study whether Bitcoin could be used as mortgage collateral. Just like that, the invisible giants of American housing finance started whispering about crypto.

I’ll admit: I paused my coffee mid-sip. Not because I expected this—but because it makes terrifying sense.

The Game Has Changed

Fannie Mae and Freddie Mac back roughly 70% of U.S. mortgages. If they start accepting Bitcoin as part of loan underwriting, it means something radical: digital assets are no longer speculative toys—they’re functional capital.

Private lenders like Milo Credit have been doing this since 2022. You lock up your BTC, get a loan without selling it—100% LTV if you’re lucky. But here’s the catch: these loans don’t qualify for resale into the GSE system. So they’re higher-risk, higher-interest… and mostly for people who already own crypto.

Now? The system might finally open its doors.

Why This Matters More Than Just Price Charts

Let me be clear: this isn’t about Elon tweeting or whales dumping on Coinbase. It’s about who controls access to wealth and security.

For Black women in Chicago—like me—the idea that our digital savings could one day help us buy homes without liquidating them? That’s not just financial innovation—it’s liberation.

But there’s irony here too. Bill Pulte is both a housing magnate and a crypto investor with \(500K–\)1M in BTC and Solana holdings. His personal stakes aren’t neutral.

When policy aligns with personal wealth? We call it conflict of interest—or maybe just capitalism wearing new clothes.

The Hidden Rules Behind Your Crypto Loan

If we’re going down this road, let’s talk about how valuation works:

• Will lenders apply haircuts (discounts) for volatility?
• How long must you hold your coins?
• Will stablecoins like USDC count as ‘real’ money?
• And what happens if your BTC drops 30% overnight?

The answer matters more than any price target at \(107k or \)250k. It determines whether crypto serves marginalized communities—or just enriches those already in power.

A Dream Deferred or Reinvented?

The dream of using blockchain to bypass gatekeepers is still alive—but now we’re seeing something deeper: the gatekeepers are learning to speak our language. The same systems that once rejected us might now use our assets as proof of worth. It feels powerful… until you remember who set the rules—and why they suddenly care about decentralization now. We’ve moved from “crypto is illegal” to “crypto can be collateral” in less than two decades. Progress? Or co-option? The truth lies somewhere between both—and it demands scrutiny from all of us who believe tech should serve dignity over profit.