The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Source:…
Posts published in “Sprout Mortgage”
After unloading $218 million in unrated residential transaction loans in June, CEO Michael Bourque said markets for such deals “are certainly tough right now.” Source:…
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…