Beat 509 Media

Bitcoin valued at $15 billion has been seized by the Department of Justice (DOJ) from a massive "pig butchering" network, and in what officials say is the "largest forfeiture action in U.S. history."
Federal prosecutors in Brooklyn, New York, unsealed an indictment Tuesday charging Chen Zhi, also known as "Vincent," leader of the Prince Holding Group, in connection with the crypto scam scheme, based out of Cambodia.
Zhi, 37, who is still at large, is also accused of directing Prince Group's operation of forced-labor scam compounds across the country. The DOJ said Zhi used violence to discipline workers.
FEDS UNSEAL CHARGES AGAINST 'BARBECUE,' HAITIAN GANG LEADER WITH $5M BOUNTY ON HIS HEAD
Images of beatings were included in the evidence unsealed in the U.S. District Court for the Eastern District of New York.
Prosecutors also allege the company was a front for one of Asia's largest criminal enterprises. 
"As alleged, the defendant directed one of the largest investment fraud operations in history, fueling an illicit industry that is reaching epidemic proportions," said Joseph Nocella, Jr., U.S. Attorney for the Eastern District of New York.
DEA, FBI SEIZE $10 MILLION IN CRYPTOCURRENCY 'DIRECTLY LINKED TO THE SINALOA CARTEL'
According to court documents seen by FOX Business, Zhi built Prince Group, which claimed to invest in real estate, finance, and consumer services across more than 30 countries, into a massive network of "phone farm" compounds. 
There, trafficked workers were allegedly forced to carry out scams that lured victims online through fake romantic relationships, pleas for financial help, or promises of lucrative cryptocurrency investments. Such schemes are referred to as "Sha Zhu Pan" or "pig butchering," according to the DOJ.
Prosecutors said Zhi company generated up to $30 million per day at its peak, stealing crypto funds that were laundered through what's known as unhosted digital wallets, which puts users in charge.
The 127,271 bitcoins, worth $15 billion and now in U.S. custody, were allegedly held in the wallets controlled by Zhi. 
ALLEGED BITCOIN TORTURER WALKS FREE ON $1M BOND AFTER TWO-MONTH RIKERS ISLAND DETENTION
The Treasury Department has now designated Prince Group as a "transnational criminal organization" and announced sanctions against Zhi and his associates.
"This is an individual who allegedly operated a vast criminal network across multiple continents involving forced labor, money laundering, investment schemes, and stolen assets targeting millions of innocent victims in the process," said FBI Director Kash Patel in a statement.
CLICK HERE TO GET THE FOX NEWS APP
"Today the FBI and partners executed one of the largest financial fraud takedowns in history," Patel added. 
FOX Business has reached out to the DOJ and Prince Holding Group for comment.
FOX Business' Aislinn Murphy contributed to this report.

via: https://www.foxbusiness.com/fox-news-crime/billions-bitcoin-seized-doj-massive-pig-butchering-crypto-scam-cambodi

Flag football has grown considerably in recent years and its origin is one that involves the U.S. military. 
During World War II, flag football was born at Fort Meade, the Army base in Maryland, as service members decided it was best not to play tackle football in order to stay safer in advance of a potential deployment overseas. 
Fast-forward decades later, Baltimore Ravens star safety Kyle Hamilton teamed up with Toyota to host an NFL FLAG clinic for military kids and their families at the team's facility in Owings Mills, Maryland - just a short drive from where the version of football originated. 
CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM
Hamilton spoke with FOX Business just before hitting the field with children from Our Military Kids, an organization he's worked with before that funds activities for eligible military children. 
"I'm super excited," he said. "It's a little bright spot in a season that's not going so great of the Ravens right now. But I can come to the facility and have something else to do. Being with these kids today, I'm sure will be a great time, and the whole NFL FLAG football perspective, I've recently learned that flag football was created at Fort Meade close to here during World War II."
BRONCOS' SEAN PAYTON TALKS OPPORTUNITY TO COACH TOM BRADY IN INTERNATIONAL FLAG FOOTBALL TOURNAMENT
Hamilton has history with Our Military Kids, having used them as his charity of choice for the NFL's annual "My Cause My Cleats" last season. 
"My grandfather, my mom's dad, served in the military and that's actually how he met my grandmother. My mom was already born at the time, but my grandfather was stationed over there, and he married my grandmother, and they moved back to the states together. So, thanks to the military, I'm here today, I guess, by default," he said. 
Hamilton also noted how his perspective on these military kids changed when he went to Camp Humphreys in South Korea last year to participate in a separate camp. 
"Meeting the kids over there and knowing they don't have the opportunity to choose the life they're given, but they're super happy," he said about the experience. 
For this camp, Hamilton assisted the kids in warm-ups, drills and skills challenges before they ended the night with a fun scrimmage. 
Hamilton discussed his excitement about partnering with Toyota, the official automotive partner of his Ravens and the NFL, as they became the presenting partner of NFL FLAG, which is the world's largest flag football organization. 
GET FOX BUSINESS ON THE GO BY CLICKING HERE
To date, Toyota supports more than 300,000 youth NFL FLAG players nationwide. 
"It's super fun, and I'm honestly thankful for Toyota allowing me to be a part of it," Hamilton said. "I know Toyota's been a big proponent of NFL FLAG and helping 300,000 people. I know there's a slogan they like, "All in, all season," and I think it's very true with what they've done with this program and the NFL in general."
Follow Fox News Digital's sports coverage on X, and subscribe to the Fox News Sports Huddle newsletter.

via: https://www.foxbusiness.com/sports/kyle-hamilton-partners-toyota-host-nfl-flag-clinic-military-families-ravens-facilit

The Trump administration on Tuesday doubled down on the economic lifeline it extended to Argentina last week, a $20 billion currency swap seen as a strategic move to reinforce ties with Buenos Aires and support its efforts to stabilize a faltering economy.
"We want to help Argentina," President Donald Trump said during a bilateral lunch meeting with Argentine President Javier Milei. "We want to see it succeed," Trump said, suggesting that a free trade agreement could be part of a broader economic discussion with the South American nation.
TRUMP DEFENDS TARIFFS, SAYS US HAS BEEN 'THE KING OF BEING SCREWED' BY TRADE IMBALANCE
The two leaders have developed a notably close relationship. Milei was the first foreign head of state to visit Trump after he was reelected in 2024, traveling to Mar-a-Lago to congratulate him in person.
That relationship is part of a broader pattern in Trump's diplomacy, where personal connections often shape policy outcomes. Finnish President Alexander Stubb struck a similar chord, joining Trump for a round of golf at Mar-a-Lago that helped cement their friendship ahead of a $6 billion icebreaker deal. 
Their frequent text exchanges have since evolved into tangible cooperation - from defense contracts to Arctic initiatives - boosting Finland's profile in Washington.
FAIRWAYS, FRIENDSHIP AND A $6 BILLION DEAL: HOW FINLAND'S PRESIDENT FOUND A PARTNER IN TRUMP
Last week, Treasury Secretary Scott Bessent unveiled a $20 billion currency swap agreement with Argentina's central bank, aimed at stabilizing the peso by exchanging it for U.S. dollars.
"We are not going to ignore our allies. We're using our economic strength to create peace," Bessent said during the bilateral meeting. 
Trump said that the currency swap deal could "transform your country into greatness."
GET FOX BUSINESS ON THE GO BY CLICKING HERE
He added that U.S. economic support is conditional on Milei and his policies continuing to govern Argentina.
"If he loses, we are not going to be generous with Argentina," Trump said of Milei, whose party faces a tough midterm election on Oct. 26. "You're going to win the election," Trump said, adding that he fully endorses Milei.
"It would be a shame to lose that progress," he added.

via: https://www.foxbusiness.com/politics/trump-doubles-down-20b-lifeline-argentina-signals-possible-trade-dea

Walmart is deepening its relationship with OpenAI with a new partnership that will allow customers to purchase products through ChatGPT. 
With Instant Checkout, a new in-chat shopping feature created by OpenAI, consumers will be able to buy Walmart products directly within ChatGPT, underscoring how artificial intelligence is redefining the retail industry.
The companies didn't specify when this feature will roll out, but noted that it will be made available to Walmart customers "soon." 
OPENAI ROLLS OUT CHATGPT PARENTAL CONTROLS WITH HELP OF MENTAL HEALTH EXPERTS
"For many years now, eCommerce shopping experiences have consisted of a search bar and a long list of item responses. That is about to change. There is a native AI experience coming that is multi-media, personalized and contextual," Walmart CEO Doug McMillon said. 
Walmart and Sam's Club already leverage AI across their respective businesses to help employees become more efficient and to streamline the shopping process for customers. It has been experimenting with AI technology for more than seven years, including the rollout of a voice assistant, "Ask Sam," which automates tasks for Walmart and Sam's Clubs associates.
AI is playing a key role in the industry, with McMillon saying during a workforce conference at the company's Bentonville headquarters that the technology is "going to change literally every job."
OPENAI GPT-5 IS HERE: COMPANY UNVEILS 'PHD-LEVEL-EXPERTS IN YOUR POCKET'
McMillon is among several chief executives who have been vocal about technology changing the function of some roles, even eliminating positions. At Walmart, McMillon made it clear that some jobs and tasks would be on the chopping block due to artificial intelligence. At the same time, it will also help create new roles. 
SCOOP: TRUMP ADMIN, OPENAI PARTNER TO UNLEASH ARTIFICIAL INTELLIGENCE ON FEDERAL GOVERNMENT
Walmart teamed up with OpenAI last month to provide both frontline and office-based workers with free AI training to prepare them for the "jobs of tomorrow."
GET FOX BUSINESS ON THE GO BY CLICKING HERE
"Walmart has a history of getting stronger in moments of change, and with AI, we're not waiting around - we're leaning in to make it work for our customers, associates and partners," a Walmart spokesperson previously told FOX Business. 
Companies like OpenAI and Nvidia are rapidly trying to increase computing power, storage and networking bandwidth to meet the immense demands of AI models. All eyes are on which company can deliver the fastest, most energy-efficient and scalable infrastructure to train and serve next-gen generative AI systems as demand continues to soar.

via: https://www.foxbusiness.com/lifestyle/walmart-teams-openai-let-shoppers-buy-products-through-chatgp

Ford is temporarily cutting production on certain vehicles at its Kentucky truck plant after a fire broke out at one of its aluminum supplier facilities last month. 
Ford will halt production of its three-row SUVs, the Expedition and Lincoln Navigator, at its Kentucky Truck Plant starting this week due to aluminum supply issues, according to a memo from the United Auto Workers that was obtained by The Wall Street Journal. 
The pause in production is slated to last a week, the memo said, though it didn't specifically mention the fire as the reason behind the pause.  
FORD TO MOVE WORLD HEADQUARTERS FOR FIRST TIME IN NEARLY 70 YEARS
FOX Business reached out to Ford and the United Auto Workers for comment. 
Last week, Novelis, a key supplier of automotive-grade aluminum for Ford and used in vehicles like the F-150 pickup truck, told FOX Business that its plant in Oswego, New York, won't be back in operation until the first quarter of fiscal 2026 as it works to restore the Oswego facility's hot mill.
FORD UNVEILS 2026 MUSTANG FX PACKAGE WITH NOSTALGIC FOX BODY STYLING

The fire started around 10 a.m. on Sept. 16, and only impacted one area of the plant, according to the spokesperson. Still, it will remain offline for several months, impacting the production of aluminum sheet used by U.S. automakers, including Ford. The plant supplies roughly 40% of the aluminum sheet used by the industry, according to reports. 
FORD INVESTS $5B IN KENTUCKY AND MICHIGAN PLANTS FOR NEW 'AFFORDABLE' ELECTRIC PICKUP TRUCK PRODUCTION
A Novelis spokesperson said the company activated its global network of plants and is partnering with industry peers to source material to try to mitigate the gap in supply. However, industry experts warn that automakers are still likely to face disruptions, given Novelis' significant role as a major aluminum supplier for Ford and other automakers. 
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Ford previously told FOX Business that it deployed a full team to address the situation with Novelis and is "exploring all possible alternatives to minimize any potential disruptions," the automaker said.  
However, it previously declined to comment on how its production would be impacted.

via: https://www.foxbusiness.com/lifestyle/ford-temporarily-cuts-production-kentucky-truck-plant-after-fire-erupts-supplie

General Motors said Tuesday that it plans to take a $1.6 billion charge in the third quarter as it revamps its electric vehicle strategy as the end of the federal government's EV tax credit is expected to slow demand.
GM's move comes as automakers are reworking their plans for producing EVs after consumer demand softened over the last two years.
The Trump administration's move to end the $7,500 federal tax credit for EVs, which helped support the emerging industry, prompted executives to warn about a drop-off in consumer demand.
GM said in a filing that it expects "the adoption rate of EVs to slow" following the recent policy shifts, which included not only the termination of the tax incentive but also a move to roll back an emissions rule that was expected to push automakers to make more EVs.
NEWSOM SAYS GM'S MARY BARRA 'SOLD US OUT' ON ELECTRIC VEHICLE POLICIES AND FEDERAL SUBSIDIES
The automaker told Reuters that the charge "is a special item driven by our expectation that EV volumes will be lower than planned because of market conditions and the changed regulatory and policy environment."
Garrett Nelson, a senior equity analyst at CFRA Research, said that the charge "doesn't come as a surprise given recent market developments and the fact GM had made probably the most aggressive EV push of any traditional automaker."
"We think the automakers who chose to invest more heavily in hybrid vehicle development such as Toyota and Honda are poised to benefit in the U.S. auto market," Nelson added.
GM PROFIT SHRINKS DESPITE STRONGER SALES
The Trump administration's tariffs and trade policy shifts have also created financial headwinds for automakers like GM, which took a $1.1 billion hit in the prior quarter.
GM estimated it has a bottom-line impact of $4 billion to $5 billion this year due to tariff headwinds, and said that it could take steps to offset at least 30% of the impact.
Those include a $1.2 billion non-cash impairment tied to EV capacity adjustments and $400 million in contract cancellation fees and commercial settlements.
CALIFORNIA EV DRIVERS ARE ABOUT TO LOSE A MAJOR PERK AFTER 25 YEARS
GM said the charges will be recorded as adjustments to non-GAAP results for the third quarter, which are scheduled to be released early next week.
GM shares rose 0.68% during the morning trading session on Tuesday following the news.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Reuters contributed to this report.

via: https://www.foxbusiness.com/markets/gm-takes-1-6b-financial-hit-ev-tax-credit-changes-force-strategy-overhau

United Airlines' first mainline Starlink-equipped flight is ready for takeoff.
United flight 2940 is taking off Wednesday from Newark/New York to Houston, the airline announced, "marking the first time a major U.S. airline has offered Starlink Wi-Fi on a mainline flight with connectivity across both personal devices and inflight entertainment screens."
United plans to install Elon Musk's Starlink "on up to 15 mainline 737-800 planes each month," according to a press release. More than half of the company's regional fleet already offers Starlink to customers, following its launch in May. 
"We're committed to raising the bar when it comes to the onboard experience, and with Starlink, we're changing how people fly," David Kinzelman, United's chief customer officer, said in a statement.
UNITED AIRLINES RECEIVES FAA APPROVAL FOR FIRST STARLINK-EQUIPPED PLANE, SCHEDULES FIRST FLIGHT FOR MAY
"Whether it's catching a live game, streaming an award show or working, United customers won't miss a beat when they're onboard a Starlink-equipped flight," he said. 
United says passengers can access the high-speed internet on multiple devices at once. 
UNITED AIRLINES ANNOUNCES 'ACCELERATED' STARLINK TIMELINE FOR PASSENGERS
The airline plans to expand Starlink to additional aircraft types by the end of the year. 
Starlink access will be free for all customers who are part of the MileagePlus airline loyalty program. 
United originally announced signing a deal with Starlink more than a year ago. 
Starlink, a unit of SpaceX, has inked deals with multiple airlines to provide in-flight internet services as it seeks to expand its reach beyond consumers and households in rural areas around the world with little to no internet access.
CLICK HERE TO READ MORE ON FOX BUSINESS 
Back in May 2024, Carnival Corporation announced that all of its ships offer internet service via Starlink.

via: https://www.foxbusiness.com/lifestyle/united-airlines-first-mainline-starlink-flight-ready-takeof

Federal Reserve Chair Jerome Powell on Tuesday said that the economy continues to see a softening of the labor market despite the government shutdown delaying the release of official jobs and inflation data.
Powell spoke at the National Association of Business Economists (NABE) after receiving the Adam Smith Award for his work on applying economic principles in policy. The Fed chair said while the September jobs report and inflation data, available data suggests that the sluggish labor market and tariff-induced inflationary pressures are persisting.
"While the unemployment rate remained low through August, payroll gains have slowed sharply, likely in part due to a decline in labor force growth due to lower immigration and labor force participation," Powell said. "In this less dynamic and somewhat softer labor market, the downside risks to employment appear to have risen." 
"While official employment data for September are delayed, available evidence suggests that both layoffs and hiring remain low, and that both households' perceptions of job availability and firms' perceptions of hiring difficulty continue their downward trajectories," he said.
FED MINUTES SHOW POLICYMAKERS REMAIN CONCERNED ABOUT INFLATION AS THEY WEIGH RATE CUTS
The chairman said that one of the challenges in tracking the labor market is that "both supply and demand in the labor market have come down so sharply, so quickly."
He noted that it's "kind of remarkable" that the unemployment rate has barely moved, though he noted it has ticked slightly higher, which suggests demand is declining faster than supply.
Powell went on to discuss inflation, which has remained above the central bank's 2% target and has trended higher in recent months due to the impact of tariffs.
"Available data and surveys continue to show that goods price increases primarily reflect tariffs rather than broader inflationary pressures," Powell said in his remarks. "Consistent with these effects, near-term inflation expectations have generally increased this year, while most longer-term expectation measures remain aligned with our 2% goal."
THE SEPTEMBER JOBS REPORT IS DELAYED BY THE GOVERNMENT SHUTDOWN - WHAT WAS IT EXPECTED TO SHOW?
The Fed chair noted that inflation "appears to be continuing to increase, quite gradually, but increase - it's still on the way up, so there's a risk there that that would lend to greater persistence."
Powell reiterated his prior comments that there isn't a risk-free path forward for the Fed and the economy given data suggesting risks of inflation rising and employment declining, which puts the Fed's dual mandate of stable prices and maximum employment in tension.
"Those two states of affairs for our two goal variables call for different monetary policy responses," he noted. 
Typically, with inflation on the rise, the Fed would be looking to raise interest rates to get inflation down to 2%, as it's currently closer to 3%. In contrast, a weakening labor market would prompt the Fed to look at cutting rates to support economic activity.
FED PRESIDENT WARNS INFLATION IS 'GOING THE WRONG WAY' AS TARIFF CONCERNS MOUNT
The Federal Reserve cut rates for the first time this year in September despite inflation trending further from target, and Powell noted that presents a risk of the Fed having to go back to address inflation if cuts continue in an effort to boost the labor market.
"It is clear, though, that if we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish. If we move too slowly, there may be unnecessary losses, painful losses in the employment market," Powell explained.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
"We're in the difficult position of balancing those two things. I think for the last few months we've been able to maintain a restrictive stance because the labor market was still pretty solid," Powell said.
"I think that the data that we got right after the July meeting, which adjusted all the way back to May, showed that the labor market has actually softened pretty considerably and puts us in a situation where the two risks are closer to being in balance," he added.

via: https://www.foxbusiness.com/economy/feds-powell-points-persistent-labor-market-weakness-government-shutdown-delays-official-report

The theme song for the exchange-traded fund industry could very well be Frank Sinatra's "It Was a Very Good Year," as the industry just hit $1 trillion annually in assets this month, faster than any other time in history.
"I think, largely speaking, you look across the different asset classes - stocks, bonds, commodities, gold, of course - it's been a very good year to own assets. Assets largely across the board have outperformed cash. So, it's just been a positive returning environment for assets. So, I think we have seen flows come in because of the sort of risk on type of behavior, but also the positive performance on assets," Matt Bartolini, global head of research strategists at State Street Investment Management, told FOX Business.
State Street manages more than $5 trillion in assets with clients in over 60 countries. 
Last year, ETF inflows hit $1 trillion on Dec. 11, 2024. Bartolini correctly predicted the industry would top the $1 trillion mark by October 15, it hit that level a day early. Full-year totals are expected to reach $1.35 trillion, helped in part by bonds. 
"Fixed income ETFs - those continue each year to just gain more and more in popularity. And now you have them breaking records through a full-year record just in the first nine months. And that's just because the use cases across fixed income ETFs have expanded beyond just simple beta building blocks to now contain more active strategies that have identifiable track records," he added. Bond ETFs nabbed $39 billion inflows last month. 
Gold ETF inflows are also on fire, on pace to break annual records this year. Even as the price of the yellow metal continues to break records, trading above $4,100 an ounce. 
SPDR Gold Trust ETF, the largest ETF backed by physical gold, has seen record inflows of $15.97 billion this year. The smaller SPDR Gold MiniShares Trust ETF has pulled in $6.8 billion, according to the firm. 
ETF LEADER BOARD DOMINATED BY NIMBLE FUNDS
Bartolini and others outline the traditional case for owning gold:
There is also another bullish stat for the precious metal despite a market that may look over extended.
THE LATEST ETF NEWS
"The tonnage of gold is actually below the high watermark," Bartolini said. "So, the actual amount of gold tons that are being held is below that high watermark" suggesting further upside. 
Gold prices have advanced more than 56% this year, while silver has jumped over 73% and is sitting at the highest level since January 1980.
The Arberdeen Physical Silver Shares ETF hit a record high Monday, while the iShares Silver Trust is hovering around a record as well. 
GET FOX BUSINESS ON THE GO BY CLICKING HERE

via: https://www.foxbusiness.com/markets/etf-race-hits-1t-record-spee

Homeowners will soon have the chance to start earning rewards points for paying off their mortgage every month. 
Bilt, a loyalty program designed to help members utilize their largest expenses for rewards points, is expanding its mission to make homeownership more attainable through a new partnership with United Wholesale Mortgage (UWM), the nation's largest mortgage lender.
Starting in early 2026, UWM customers will be able to earn Bilt Points for every on-time mortgage payment, rewarding homeowners in the same way renters already earn points for paying rent.
Bilt CEO Ankur Jain said the new partnership with UWM will simplify the overly complex mortgage process by connecting members with local mortgage experts who can explain the real requirements and guide them through the process of qualifying for home loans.
NEARLY 1 IN 5 AMERICAN HOMES SLASH PRICES AS BUYERS GAIN UPPER HAND IN SHIFTING MARKET
"It's so overwhelming and complex [the home buying process] that I hear over and over again... 'it's possible, it is too expensive," Jain told FOX Business. 
FROM AMERICA'S 'WORST MARKET' TO WEALTH HAVEN: FLORIDA REAL ESTATE SPLIT SHOWS SIGNS OF LIFE
When it rolls out, which will occur in a phased approach, members with loans originated through UWM will earn rewards for every on-time payment. Just like other Bilt programs, those points can be redeemed for travel, dining, fitness classes, and even eligible student loan payments directly through the Bilt website or mobile app, which is free to join.
UWM CEO Mat Ishbia called the partnership a game-changer for the mortgage industry, especially at a time when potential buyers are contending with an affordability crisis.
"By integrating Bilt into our servicing platform, we are reimagining how a borrower views and thinks about their mortgage payments, while also creating an unmatched lead generation tool and exceptional client engagement for brokers," Ishbia said, adding that "this will redefine industry standards, putting relationship-building at the center of mortgage servicing and elevate the wholesale channel to a new level."
HERE'S HOW YOU CAN EARN POINTS WHEN PURCHASING A HOME
Since founding Bilt in 2021, Jain has worked to reinvent the path to homeownership by helping members use their biggest everyday expense to their advantage, earning rewards and building credit along the way. But Jain said this latest move marks a significant milestone in Bilt's mission, noting that the question he hears most often is, "When can I earn rewards on my mortgage?"
After its founding, the company quickly gained recognition for helping renters earn points and rewards for paying their rent on time and for reporting those on-time payments to major credit bureaus to strengthen their credit profiles, making it easier to qualify for a future home. 
It's rapidly expanded since then, launching its neighborhood program about two years after its debut, which rewards members for spending at local restaurants, workout classes and through Lyft's rideshare service. In 2024, Bilt partnered with Walgreens to help consumers use their flexible spending (FSA) and health savings accounts (HSA) for eligible purchases at the pharmacy chain. 
HERE'S HOW YOU CAN EARN POINTS WHEN PURCHASING A HOME
It also launched a program last year that allows people to earn points when purchasing a home, as well as a search tool on its website and app that enables prospective buyers to search for homes based on their monthly budget rather than the total price. The idea is to help buyers navigate the complexities of homeownership in a way that aligns with their budget. 
In April, Bilt expanded its rewards program, allowing members to redeem their points toward student loan payments through major servicers including Nelnet, Mohela, Sallie Mae, Aidvantage and Navient. Under the new option, every 1,000 Bilt points can be applied as $10 toward a student loan balance.
Through its partnership with American Campus Communities (ACC), one of the nation's leading providers of student housing, Bilt members can earn points on their student housing payments while simultaneously building credit history.

via: https://www.foxbusiness.com/lifestyle/how-homeowners-can-earn-rewards-points-paying-mortgag