H.R. 4374

119th CONGRESS 1st Session

To require agencies to update mortgage underwriting programs, guidelines, standards, and systems to require lenders to consider, in the mortgage credit evaluation process, any amounts a borrower has in any brokerage account associated with a cryptocurrency exchange.

IN THE HOUSE OF REPRESENTATIVES · July 14, 2025 · Sponsor: Ms. Mace

Table of contents

• H.R. 4374
  • SEC. 1. Short title
  • SEC. 2. Consideration of cryptocurrency exchange brokerage account amounts

SEC. 1. Short title

• This Act may be cited as the American Homeowner Crypto Modernization Act of 2025.

SEC. 2. Consideration of cryptocurrency exchange brokerage account amounts

• (a) In general
  • Not later than the expiration of the 24-month period beginning on the date of the enactment of this Act, each head of a covered agency shall, update the automated mortgage underwriting programs, guidelines, standards, and systems of such covered agency in a manner to require participating mortgage lenders to consider, in the mortgage credit evaluation process, the value of any digital assets a borrower has in any brokerage account associated with a cryptocurrency exchange.
• (b) Definitions
  • In this section:
    • The term covered agency means—
    • The term means any digital representation of value which is recorded on a cryptographically secured distributed ledger or other similar technology. digital asset