Senator Cynthia Lummis introduced the 21st Century Mortgage Act on July 29. The bill would require Fannie Mae and Freddie Mac to consider digital assets when assessing single‑family mortgage eligibility. Lummisframed the measureas a response to a homeownership slump among younger Americans.

Senator Cynthia Lummis introduced the 21st Century Mortgage Act on July 29. The bill would require Fannie Mae and Freddie Mac to consider digital assets when assessing single‑family mortgage eligibility. Lummisframed the measureas a response to a homeownership slump among younger Americans.

Source: https://cryptoslate.com/senator-lummis-introduces-legislation-to-make-fannie-and-freddie-count-crypto-in-mortgage-risk-checks/