Mortgage executive Michael Strauss and his company, Smart Rate Mortgage, have appealed a decision from an Illinois regulator to suspend their licenses to operate in the state. Meanwhile, the licenses remain active. Strauss is returning […]
A regulator in Illinois has suspended the MLO license of industry veteran Michael Strauss and the license for his mortgage company, Smart Rate Mortgage, essentially blocking the company from operating in the state, according to […]
When industry veteran Michael Strauss abruptly shut down Long Island-based Sprout Mortgage in early July, there was uproar. Shocked employees didn’t receive their last paychecks. There were no severance packages, and even health insurance was […]
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