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One of the Largest Mortgage Lenders in the U.S. To Start Accepting Cryptocurrency

United Wholesale Mortgage, the second-largest U.S mortgage lender, will be offering U.S. homebuyers the opportunity to pay for their mortgage via bitcoin. This act has been labeled as a first within the mortgage industry and has the potential to spread to other cryptos, as the company is currently evaluating the feasibility of other coins and tokens such as Ethereum. The company has plans to execute its Bitcoin program towards Q3, and the CEO Mat Ishbia was quoted as saying, “We’ve evaluated the feasibility, and we’re looking forward to being the first mortgage company in America to accept cryptocurrency to satisfy mortgage payments.” Bitcoin currently trades up 4.08% at $48925.96 on the week while Ethereum trades up down around 0.94% at $3280.40.

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