Sprout Mortgage

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Mentions
Illinois Suspends LO License Of Ex-Sprout CEO Michael Strauss

Has formed new company called Smart Rate Mortgage, based in Florida.

Regulation and Compliance
Feb 13, 2023
Banc Of California Sues Sprout Mortgage, Planet Home Lending,

Claims Non-QM lender, servicer owe the bank more than $3.5 million

Non-QM
Dec 01, 2022
Non-QM Lenders Could Face Serious Headwinds

Major warehouse lender placing restrictions on funding advances.

Non-QM
Jul 13, 2022
Former Employees Sue Sprout Over Unpaid Wages

Lawsuit seeking class action status names Sprout, CEO, and affiliate Recovco Mortgage Management as defendants.

Non-QM
Jul 12, 2022
Insider: Sprout CEO Canceled Financing Deal, Ordered Company Closed

Michael Strauss abruptly ended negotiations with Citibank on financing that might have kept Sprout open.

Non-QM
Jul 08, 2022
Sprout Mortgage: 'The Faucet Just Got Turned Off'

Non-QM lender was doing $380M/month in loan volume, former executive says.

Non-QM
Jul 07, 2022
Webinars
DealDesk Focus: Non-QM solutions for Investment Properties

Do you have clients looking to expand their investment property portfolio? Help them finance their Real Estate...

Webinar
Dec 02, 2020