Banc Of California Sues Sprout Mortgage, Planet Home Lending,
Claims Non-QM lender, servicer owe the bank more than $3.5 million
Claims Non-QM lender, servicer owe the bank more than $3.5 million
Options offer borrowers a reduced interest rate in first years of a loan.
Non-QM wholesale lender credits CRM’s flexibility and innovative features as key to managing rapid growth.
Non-QM lender selling ‘brick-and-mortar’ locations, staff to Cross Country Mortgage.
Dave Greene has 30 years of experience in the mortgage industry.
Calif.-based company has now cut 941 jobs in 2022.
New CEO says he remains confident the company is uniquely positioned for success.
Co-CEO says company officials decided to 'bow out' like gentlemen.
Fitch Ratings also gave stable outlook as servicer revealed plans to expand into Non-QM loans.