Wu Says learned that William Pulte, Director of the Federal Housing Finance Agency (FHFA), announced that he has formally directed Fannie Mae and Freddie Mac to develop plans to consider cryptocurrency as a borrower's reserve assets in single-family residential mortgage loan risk assessment, without requiring prior conversion to U.S. dollars. The document requires that only crypto assets held on U.S. regulated centralized exchanges and compliant with relevant legal requirements be considered, and that risk adjustment measures be formulated based on factors such as market volatility. The relevant plans still require approval from each board of directors and submission to FHFA for review.