Sponsors
11 Republican
Nancy MaceSC-1
The "American Homeowner Crypto Modernization Act of 2025" requires federal agencies, including HUD, USDA, VA, and FHFA, to update mortgage underwriting programs. These updates would mandate that lenders consider the value of digital assets held in brokerage accounts associated with cryptocurrency exchanges during the mortgage credit evaluation process. A digital asset is defined as any digital representation of value recorded on a cryptographically secured distributed ledger.
This bill is a significant step towards integrating cryptocurrency assets into mainstream financial evaluations. By requiring mortgage lenders to consider a borrower's digital asset holdings, it legitimizes crypto as a form of wealth that can contribute to financial stability for homeownership. This legislation directly expands the utility and recognition of crypto assets, enabling individuals who hold substantial wealth in digital assets to use these holdings to qualify for mortgages. It removes a potential barrier for crypto holders seeking to access traditional financial products, aligning with protecting ordinary access. The bill provides clear regulatory direction for a specific financial application, which is a form of enabling regulatory clarity for the crypto industry without imposing new burdens or restrictions. This move could increase the overall adoption and acceptance of digital assets within the broader economy.
Every member who has sponsored, cosponsored or voted on this bill. Pick a vote to see how each member voted on it, or narrow by party, name or state.
1 Republican