Non-QM lender Sprout Mortgage is shutting down operations, multiple workers said on Wednesday. The company informed the more than 300 workers of the shut down in a conference call on Wednesday, a ...
Court filing reveals millions diverted to Strauss and family, trustee pursues legal action to prevent further misappropriation. When Sprout Mortgage filed for bankruptcy it was not driven only by ...
Ex-workers took action in a New York court this week to ensure that a $3.5 million settlement with Sprout Mortgage for unpaid wages goes through. It follows a request from the shuttered lender to halt ...
Non-QM lender was doing $380M/month in loan volume, former executive says. Sprout Mortgage was averaging $380 million a month in loan volume before it abruptly shut down on Wednesday. That's the word ...
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