General World News

Rocket-Redfin deal sparks uncertainty over Bay Equity’s future

Over a month after Rocket Companies announced its $1.75 billion deal to acquire digital real estate brokerage firm Redfin, industry observers are still trying to understand the future of one key asset: Bay Equity Home Loans. 

While the companies remain quiet on their plans, some Bay Equity employees aren’t waiting for answers—they’re already looking for new jobs. A growing number of “Open to Work” banners have appeared on LinkedIn, especially among processors and underwriters.

“Bay has encouraged us to start looking [for a job] as Rocket is really only offering loan officer positions at this time,” an employee details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com