Tag Archives: Sprout Mortgage

The biggest mortgage, lending and housing finance stories of 2022

By | | Uncategorized
Comments Off on The biggest mortgage, lending and housing finance stories of 2022

The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Continue reading →

Real estate in 2022: When the #@!$ finally hit the fan

By | | Uncategorized
Comments Off on Real estate in 2022: When the #@!$ finally hit the fan

Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading →

Kiavi says it’s still making loans to real estate investors after layoffs

By | | Uncategorized
Comments Off on Kiavi says it’s still making loans to real estate investors after layoffs

After unloading $218 million in unrated residential transaction loans in June, CEO Michael Bourque said markets for such deals “are certainly tough right now.” Continue reading →

Sprout Mortgage is 2nd non-QM lender to implode in as many weeks

By | | Uncategorized
Comments Off on Sprout Mortgage is 2nd non-QM lender to implode in as many weeks

Failures raise questions about the viability of a small but growing corner of the mortgage business that largely serves self-employed borrowers. Continue reading →

Sprout Mortgage gives brokers more control of loan estimate

By | | Uncategorized
Comments Off on Sprout Mortgage gives brokers more control of loan estimate

Sprout Mortgage, which bills itself as a leading provider of nonconforming loans, says it’s giving mortgage brokers more control over how lender fees are presented to consumers in the loan estimate. Continue reading →