Redfin Buys Mortgage Lender Bay Equity Home Loans

Posted on 01/13/2022

Seattle-based Redfin announced layoffs of 121 employees as it shakes up its mortgage department. Redfin also inked a deal to acquire mortgage lender Corte Madera-based Bay Equity Home Loans for US$ 135 million, two-thirds in cash and one-third in stocks, Redfin said in a press release and public filing. Founded in 2007, Bay Equity originated […]

Get News, People, and Transactions, Delivered to Your Inbox