United Wholesale Mortgage (UWM) is hoping to become the first US mortgage company to accept cryptocurrency to satisfy mortgage payments
The Michigan-based UWM hopes to start accepting bitcoin in Q3, and it is currently weighing other digital currencies like ether.
CEO Mat Ishbia said during UWM's second-quarter earnings call that they have evaluated the feasibility, and we’re looking forward to it.
It is unclear whether UWM, the second-biggest mortgage lender in the US after Quicken, will hold on to the cryptocurrency it receives or convert it to fiat at the transaction point.
UWM's push into accepting cryptocurrency comes at a time of heightened scrutiny of crypto from all sides in the US.
UWM made its public debut in January via a special purpose acquisition merger.


European Stocks Rise as Markets Await Key U.S. Inflation Data
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth
Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures
FxWirePro- Major Crypto levels and bias summary
Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth
Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook
Russia Stocks Close Flat as MOEX Hits 1-Month High
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens
UK Job Market Shows Persistent Weakness Ahead of November Budget 



