Did Michael Strauss, accused of fraud, just start a new mortgage company?
Housing Wire
JANUARY 19, 2023
When industry veteran Michael Strauss abruptly shut down Long Island-based Sprout Mortgage in early July, there was uproar. There were no severance packages, and even health insurance was canceled retroactive to May 2022, leaving some on the hook for huge medical bills. Shocked employees didn’t receive their last paychecks.
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