Eric Wu to leave Opendoor at the end of the year

Opendoor founder Eric Wu is leaving the iBuying giant, according to a document filed with the Securities and Exchange Commission on Friday.The filing states that Wu announced his decision to resign as the firm’s president of marketplace and from the board of directors, effective Jan. 1, 2024, on Thu
Read MoreMr. Cooper confirms personal data compromised in cyberattack

Mr. Cooper Group’s examination of the cyberattack it suffered in late October concluded that the personal information of current and former customers was compromised. The data breach led the company to estimate an additional vendor cost related to the incident in the fourth quarter to include offeri
Read MoreFCC’s newly adopted lead gen rules could accelerate lawsuits against lenders

The Federal Communications Commission (FCC) — the government regulatory body overseeing communications across a wide variety of media including radio, telephone cable and the internet — adopted a new series of rules on Wednesday designed to crack down on controversial lead generation methods, includ
Read MoreSenators introduce bill targeting mortgage trigger leads

A coalition of bipartisan lawmakers in the U.S. Senate on Wednesday introduced legislation targeting the practice of mortgage trigger leads.The bill, designated “S.3502,” is designed to “amend the Fair Credit Reporting Act (FCRA) to prevent consumer reporting agencies from furnishing consumer report
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