American Homeowner Crypto Modernization Act of 2025

The American Homeowner Crypto Modernization Act of 2025 would require federal housing agencies to revise their mortgage underwriting systems to count a borrower's crypto assets held in cryptocurrency exchange brokerage accounts as part of the mortgage credit evaluation. Within 24 months of enactment, heads of the covered agencies must update automated underwriting programs, guidelines, and standards so lenders consider the value of digital assets when evaluating a borrower’s ability to repay a loan. The bill defines “digital asset” broadly (any digital representation of value on a cryptographically secured ledger) and designates HUD, USDA, VA, and FHFA as covered agencies, with the FHFA’s role tied to the supervision of Fannie Mae and Freddie Mac (the GSEs). In effect, the measure expands what can be counted as a borrower's assets in underwriting, with the intention of modernizing mortgage risk assessment to include crypto holdings.