Real Estate News | Real Estate Investing | Stock Market Investing | Passive Income | Flipping | 1031 Exchange | Private Lendi

It’s a big first for cryptocurrency and real estate. The nation’s second largest lender says it successfully accepted mortgage payments, in crypto, from a handful of borrowers. It was part of a pilot program by United Wholesale Mortgage that was successful, but is now being put back on the shelf, for a later date. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. UWM announced the good news this last week. It says that it “successfully evaluated and accepted the first-ever cryptocurrency mortgage payment in September and five more… in October.” (1) It was the first time that any U.S. lender has accepted cryptocurrency as a home loan payment. UWM CEO Mat Ishbia said in the announcement: “As we said last quarter, we were going to look into accepting cryptocurrency and test it to see if it’s a faster, easier and cheaper solution and thanks to our innovative technology team members, the transactions were successful.” But he also said