Bill > HR4374

This bill requires federal agencies like the Department of Housing and Urban Development, Department of Agriculture, Department of Veterans Affairs, and the Federal Housing Finance Agency to update their mortgage underwriting programs within 24 months of enactment to require lenders to consider cryptocurrency exchange brokerage account balances when evaluating a borrower's creditworthiness. The bill, called the "American Homeowner Crypto Modernization Act of 2025," defines digital assets as any digital representation of value recorded on a cryptographically secured distributed ledger (like blockchain technology). Specifically, when a potential homebuyer applies for a mortgage, lenders would now be mandated to take into account the value of digital assets in the applicant's cryptocurrency exchange brokerage accounts as part of their overall financial assessment. This change aims to modernize mortgage lending practices by recognizing cryptocurrency holdings as a potential indicator of a borrower's financial status and ability to repay a home loan.

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https://www.congress.gov/bill/119th-congress/house-bill/4374/all-info