Non-QM Veteran Michael Goldman Joins Champions Funding As Account Executive
Philadelphia-based advisor known for consultative, asset-backed financing
Tagged: Sprout Mortgage
Allegations Of Fraud Surround Sprout Mortgage Bankruptcy
Court filing reveals millions diverted to Strauss and family, trustee pursues legal action to prevent further misappropriation.
Former Sprout Employees Get Caught In The Middle
As legal complexities intensify following Sprout Mortgage's shutdown, a U.S. Bankruptcy Judge intervenes, halting settlement funds and escalating legal actions against former executives.
Involuntary Bankruptcy Petition Halts Sprout Settlement
Creditors seek $1.35M from Sprout by filing Chapter 7 petition in New York court.
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.
