"Josh Harris, co-founder of Apollo Global Management Inc., is considering his options, while Alec Gores, Dean Metropoulos and Mat Ishbia also are exploring an offer, people familiar with the situation have said."
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"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," CEO Mat Ishbia said in the company's second quarter earnings call on Monday, according to CNBC."
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"What Happened:During a recentinterviewwith the Detroit Free Press, United Wholesale Mortgage CEO Mat Ishbia said that the firm expects to accept cryptocurrencies soon."
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"SPACs have become synonymous with enormous fortunes seemingly created overnight, such as the $11.3 billion stake Mat Ishbia realized when his mortgage company was taken public. "
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"In March, UWM CEO Mat Ishbia announced that wholesale brokers who work with Rocket Companies (NYSE:RKT) or Fairway would no longer be able to work with UWM. "
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"Mortgage billionaire Mat Ishbia is donating $32 million to Michigan State University, where he was a basketball walk-on under famed coach Tom Izzo."
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