Tech-savvy mortgage broker Sindeo is back in business, following an acquisition by Renren, a Chinese social media company and an investor in U.S.-based fintech firms including Social Finance and LendingHome.

Less than a month ago, San Francisco-based Sindeo was on the brink of going out of business. The only page on its website was a letter signed by company founder and CEO Nick Stamos that gave scant details about why the company was shutting down.

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