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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Smart Rate Mortgage is no longer licensed as a residential mortgage company and Michael Strauss now has an inactive MLO license.
Michael Strauss and his company, Smart Rate Mortgage, have appealed a decision from an Illinois regulator to suspend their operating licenses.
A regulator in Illinois has suspended the licenses for industry veteran Michael Strauss and his mortgage company, Smart Rate Mortgage.
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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