Involuntary Bankruptcy Petition Halts Sprout Settlement
Creditors seek $1.35M from Sprout by filing Chapter 7 petition in New York court.
Tagged: Sprout Mortgage
Sprout Agrees To Settle Lawsuits Over Unpaid Wages For $3.5M
Deal would compensate former employees left unpaid when lender abruptly closed July 6.
Former Sprout CEO Appeals Illinois License Suspension
Michael Strauss and his new company requested an administrative hearing, keeping his license active for now.
Non-QM Lender Arc Home Hires Former Sprout President
Shea Pallante, who told Sprout employees the company was closing via a conference call last July, is Arc's new chief production officer.
Illinois Suspends LO License Of Ex-Sprout CEO Michael Strauss
Has formed new company called Smart Rate Mortgage, based in Florida.
Banc Of California Sues Sprout Mortgage, Planet Home Lending,
Claims Non-QM lender, servicer owe the bank more than $3.5 million
How Does Wall Street Feel About Non-QM?
Can Non-QM lenders find funding?
