Opendoor is now a mortgage lender, launches Opendoor Home Loans

Two years after dipping its toes into mortgage lending as part of an effort to make it easier for homebuyers to buy homes from the company, direct homebuyer Opendoor is officially expanding into the mortgage lending business. Opendoor announced Thursday that it is launching Opendoor Home Loans, which is a planned widespread expansion of its burgeoning mortgage business.