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Opendoor Q4 Revenue, Homes Sold Plummet as CEO Looks to ‘Rescale Business’
Opendoor Technologies Inc., an e-commerce platform for residential real estate transactions, on Feb. 15 reported financial results for Q4 and full-year 2023. The numbers, like so many industry companies after the bruising year, were not good. While the company earned $ 870 million in Q4 revenue, it was a 70% drop versus Q4 2022. A […]
House Committee Looks at Mortgage Servicer Response to Pandemic
Posted To: MND NewsWire The House Financial Service Committee’s Subcommittee on Oversight and Investigations held a hearing on Thursday entitled, “Protecting Homeowners During the Pandemic: Oversight of Mortgage Servicers’ Implementation of the CARES Act.” Scheduled witnesses were Alys Cohen, staff attorney, National Consumer Law Center; Marcia Griffin, Founder and President, HomeFree-USA; Donnell Williams, President, National […]