SFM has achieved seven consecutive quarters of rising comparable sales, with 1Q SSS growth surpassing expectations at 3.1%. SFM experienced a 23 basis points increase in gross margin, reaching 37.5%, ...

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 ...

California-based wholesale/correspondent lender New Wave Lending Group filed a lawsuit against Sprout Mortgage, accusing the company of defaulting on a pool of $32 million in loans it agreed to ...

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 ...