What Redfin’s Acquisition of Bay Equity Means for Both Companies

National Mortgage News, Jan. 25, 2022–Brad Finkelstein (subscription)
Redfin’s purchase of Bay Equity Home Loans is expected to be mutually beneficial for both companies. The deal adds a strong source of referrals for Bay Equity. Meanwhile, Redfin gains access to more products at a time when the industry’s purchase volume is expected to set another annual record and economic conditions are likely to require buyers to seek loan types outside of the conforming set.