Trending News: December 20, 2023

47 Texas real estate firms get hit with a second commision lawsuit, while mortgage trade group CHLA is concerned about commission lawsuit lending impacts. Plus, Opendoor founder announces he’s leaving to focus on ‘building new things’ with startups.

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Show Notes

Opendoor founder Eric Wu leaving company to focus on startups: Wu founded Opendoor in 2014 and served as the company’s chief executive officer until last year. He said in a statement that he’s leaving to focus on building new things. Read more

47 Texas real estate firms, associations get hit with second commission lawsuit: Plaintiffs in the Martin suit seek action against local Realtor associations, MLSs and brokerage firms. Read more

Mortgage trade group CHLA is concerned about commission lawsuit lending impacts: Trade group voiced its concerns in a letter to the FHFA, FHA, Rural Housing Service and Department of Veterans Affairs. Read more

Music by: Gloria Tells from Epidemic Sound

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