Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.
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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.
