Estimated reading time: 0 minutes, 24 seconds

UWM Plans to Accept Mortgage Payments in Bitcoin

United Wholesale Mortgage has said that it intends to begin accepting cryptocurrency, such as bitcoin, for mortgage payments later this year. So reports CNBC.

bitcoin 2007769 640smallUWM is billing the move, currently penciled in for sometime in the third quarter, as a first for the U.S. mortgage industry.

The nation’s second-biggest mortgage lender told CNBC that while the plan is to start with bitcoin, it’s also assessing other forms of crypto, including ether.

Read the full article from CNBC.

Read 1751 times
Rate this item
(0 votes)

FOLLOW US