HR 4374 United States House · 119th Congress

American Homeowner Crypto Modernization Act of 2025

HR 4374, the American Homeowner Crypto Modernization Act of 2025, requires federal housing agencies (HUD, USDA, VA, and FHFA) to update mortgage underwriting systems within 24 months to mandate that lenders consider the value of cryptocurrency held in exchange-linked brokerage accounts when evaluating borrower credit. This directly affects homeowners and borrowers seeking mortgages who hold digital assets, as their crypto holdings would now be included in credit assessments. The key mechanism is amending automated underwriting programs to treat cryptocurrency in brokerage accounts similarly to traditional financial assets during loan approval. The bill focuses on updating existing mortgage evaluation processes, not regulating cryptocurrency itself.
Bill status in committee 1 of 4 stages cleared
Introduction
Jul 2025
Committee Review
Floor Vote
President
Introduced Jul 14, 2025 Last action Jul 14, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jul 14, 2025
Committee
Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Jul 14, 2025
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Nancy Mace
Nancy Mace
RRepublican
SC
1