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Smart Rate, Michael Strauss no longer authorized to do business in Illinois

Smart Rate Mortgage is no longer licensed as a residential mortgage company and Michael Strauss now has an inactive MLO license.

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Michael Strauss, Smart Rate appeal license suspension in Illinois

Michael Strauss and his company, Smart Rate Mortgage, have appealed a decision from an Illinois regulator to suspend their operating licenses.

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Illinois Suspends LO License Of Ex-Sprout CEO Michael Strauss

Illinois Suspends LO License Of Ex-Sprout CEO Michael Strauss
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Michael Strauss, Smart Rate licenses suspended in Illinois

A regulator in Illinois has suspended the licenses for industry veteran Michael Strauss and his mortgage company, Smart Rate Mortgage.

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Did Michael Strauss, accused of fraud, just start a new mortgage company?

After abruptly shutting down Sprout Mortgage and being accused of fraud, Strauss and his wife are linked to a new mortgage entity, Smart Rate Mortgage, LLC.

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