Redfin Launches Mortgage Co; Lender’s Appraisal, Pricing, and Disaster Updates

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Posted To: Pipeline Press

One would like to think that, as an industry, we’re emerging from the public relations nightmare. And yet the popular press continues the ordeal , the latest example being a murder. Quicken Loans had nothing to do with it, of course, yet the stories all have “Quicken” in the headlines . Is that germane? Redfin , known as a real estate brokerage, has formed Redfin Mortgage to loan money to Redfin customers buying homes. “By integrating a lending operation with Redfin’s existing brokerage and title businesses, the company’s goal is an entirely digital process, with better service, a faster closing and lower fees. Redfin Mortgage plans to begin issuing loans in the first half of 2017, initially serving customers in Austin, Dallas, Houston and San Antonio markets. CEO Glenn Kelman…(read more)

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