FTC fines Opendoor $62M for allegedly ‘tricking’ consumers

Regulators with the Federal Trade Commission on Monday accused the iBuyer of “cheating” and “tricking” consumers. Opendoor disagrees with the allegations but has agreed to settle the case. Continue reading

A pivotal earning season is beginning. Here’s what to know

Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas. Continue reading

Sagent to power loan servicing for Bank of England Mortgage

The Arkansas-based lender will use Sagent’s servicing solutions to collect monthly payments from borrowers and manage loans when homeowners get behind on their payments. Continue reading

MarketBuy’s open offer listing model officially makes US debut

MarketBuy’s Will Farmer leads its official expansion into the states as its North American head of growth. He will attend Inman Connect, eager to pitch what the company can do for the listings of the industry’s most engaged agents and leaders. Continue reading

Luxury Presence scores 2 new C-suite executives

Jesse Pedersen will serve as the company’s chief technology officer, while Zac Hays is joining as chief product officer, according to an announcement released Thursday. Continue reading

Ribbon slashes one-third of workforce to adjust to ‘new reality’

After expanding into eight new states and more than doubling its market footprint this year, the Power Buyer is laying off 136 employees in search of an “achievable path to profitability.” Continue reading

Opendoor hires ‘seasoned executive’ as new chief legal officer

Sydney Schaub most recently worked at cryptocurrency exchange Gemini as chief legal officer and joins Opendoor at a pivotal moment in the company’s history. Continue reading

Opendoor hires ‘seasoned executive’ as new chief legal officer

Sydney Schaub most recently worked at cryptocurrency exchange Gemini as chief legal officer and joins Opendoor at a pivotal moment in the company’s history. Continue reading