Skip to main content

Sprout Names A New EVP, General Counsel And Chief Compliance Officer

Navi Persaud
Apr 12, 2021
Sprout Mortgage Logo

Sprout Mortgage named Laura C. LaRaia as the company's executive vice president, general counsel and chief compliance officer. In her new role, LaRaia will oversee all legal and regulatory compliance functions, as well as serve as the firm's general counsel.

"We welcome Laura to the Sprout leadership team to continue our strong growth trajectory and reinforce Sprout's position as the go-to source for non-QM residential lending nationwide," said Michael Strauss, CEO of Sprout Mortgage.

LaRaia has more than two decades of in-house and law firm mortgage banking industry. Prior to Sprout, she served as chief legal officer and general counsel at First Guaranty Mortgage Corporation. Previously, she was chief compliance officer/deputy general counsel at Supreme Lending. LaRaia is a member of the Mortgage Bankers Association Legal Issues & Regulatory Compliance Committee and of the MBA State and Legislative Regulations Committee.

"I have led mortgage companies through all the major regulatory changes of the last two decades and I am eager to provide the same guidance to the Sprout team as the non-QM mortgage sector continues to evolve," said LaRaia.

Apr 12, 2021
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021
Interfirst Mortgage Launches ONE, Backed By Non-Owner Occupied Properties

ONE is a unique product built on a single interest rate with no adjustments and qualifies off the cash flow of the rental property.

Industry News
Jul 16, 2021
Global Digital Lending Market Projected To Reach $27B By 2028

The Global Digital Lending Platform Market was valued at $7.14 billion in 2020 and is projected to reach $27.07 billion by 2028.

Analysis and Data
Jul 14, 2021
FOMC Discusses Raising Interest Rates

Inflationary pressures have finally forced the Federal Open Market Committee (FOMC) to discuss raising interest rates and tapering its bond-buying program.

Analysis and Data
Jul 14, 2021
Fathom Holdings Inc. Creates New Hispanic Division

Fathom Holdings Inc., a technology-driven real estate platform, announced the creation of their Hispanic Division to more adequately serve this fast-growing demographic. 

Industry News
Jul 07, 2021