General World News

After mortgage lenders shut down, what’s next for loan originators?

Scott Miller, a former mortgage loan originator at Sprout Mortgage, knew the clock was ticking when the non-qualified mortgage (non-QM) lender abruptly closed doors in July 2022. The decision left more than 400 employees without a job, and Miller had two urgent tasks — to find a lender that would close his clients’ loans in the pipeline and would also help him close more sales in an industry that is projected to further downsize

“I spoke with 13 or 14 people that were at different companies – people I had known in the details ⇒

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