Mortgage Fintech Reali to Shut Down

National Mortgage News, Aug. 25, 2022–Andrew Martinez (subscription)
The San Mateo, California-based firm will lay off most of its workforce Sept. 9, it announced Wednesday. Reali, founded in 2016, provides “buy before you sell” and cash-offer financing, and will close out active transactions through the end of the year with a small team.