Illinois Suspends LO License Of Ex-Sprout CEO Michael Strauss
Has formed new company called Smart Rate Mortgage, based in Florida.
Tagged: Sprout Mortgage
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?
Can Non-QM Lenders Find Investors?
Are the troubles at FGMC and Sprout isolated or the beginning of a trend?
Non-QM Lenders Could Face Serious Headwinds
Major warehouse lender placing restrictions on funding advances.
Former Employees Sue Sprout Over Unpaid Wages
Lawsuit seeking class action status names Sprout, CEO, and affiliate Recovco Mortgage Management as defendants.
Insider: Sprout CEO Canceled Financing Deal, Ordered Company Closed
Michael Strauss abruptly ended negotiations with Citibank on financing that might have kept Sprout open.
Sprout Surprises Everyone With Abrupt Shutdown
Employees thought the company was doing well, only to lose their jobs Wednesday.