FHFA Could Expose Homebuyers To Greater Counterparty Risk

Opinion by: Margaret Rosenfeld, chief legal officer of Everstake

The Federal Housing Finance Agency’s (FHFA) recent directive to explore how cryptocurrency might be included in single-family mortgage risk assessments is a welcome and long-overdue step.

If implemented, it could allow long-term crypto holders to use their digital assets when qualifying for a mortgage without being forced to liquidate them.

To realize its potential, the resulting proposals must reflect how crypto actually works. And that means recognizing the legitimacy of…