Speaking during a conference call about the firm’s Q2 results, United Wholesale Mortgage CEO Mat Ishbia outlined plans to accept crypto payments this year.
United Wholesale Mortgage (UWM), the second-largest U.S.-based mortgage lender is planning to accept cryptocurrency payments this year starting with Bitcoin (BTC).UWM CEO Mat Ishbia revealed the crypto plans on Monday in a conference call regarding the firms’ Q2 results — with the firm posting a $138.7 million net profit for the quarter. „We’re excited that hopefully (this year) we can actually execute on that before anyone in the country,” Ishbia said. “We are evaluating the feasibility and requirements in order to accept cryptocurrency to satisfy mortgage payments.” – @Mishbia15— United Wholesale Mortgage (@UWMlending) August 16, 2021
Speaking with the Detroit Free Press on Aug. 16, Ishbia said that the move would likely happen later this quarter, or a
