Explore the latest trends in mortgage origination, focusing on digital transformation, personalized lending, and innovative strategies in a changing real estate market.
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Real estate technology company Opendoor has been discussing a roughly $2 billion credit facility with lenders, people familiar with the effort say. So reports Bloomberg.
Opendoor, which buys single-family homes and then resells them, aims to use the new credit facility to boost home purchases, one of the people told Bloomberg.
The company went public last year and recently posted second-quarter earnings that topped analyst estimates.
