In setting a new president starting today Aurora will not longer allow its loss mitigation (loan modification and short sale representatives) to message their processing department representatives. Due to the high volume they are being instructed to only transfer you to their voice mail and/or document the account that you called. They too along...
Aurora Loan Services – Needs specific agents name on letter of authorization – this started at the begining of OCT Aurora Loan Services or Aurora Bank, FSB, formerly of Lehman Brother has enacted new guidelines for its authorizations and what is the expected to be found on them. As of 30 days ago the...
Frequently our clients are concerned about approaching Bank of America to complete their immanent default interview, which happens prior to their falling behind, because they don’t know what to expect. It is important to know is that if you do not answer yes to all the questions you will not qualify for the loan modification process and...
Aurora Bank FSB, just stepping in to this crazy industry on its own two feet and out from under the umbrella of the now collapsed Lehman Brothers, has found that it is completely overwhelmed under the current weight of the market. What was once acceptable to complete with in certain time frames has not...
Aurora Loan Services or Aurora Bank, FSB, formerly of Lehman Brother and now on its own two feet operating as a FSB or a Federal Savings Bank, has a time frame automatically set up for letter of authorizations to expire. This is currently set at 90 days but if a homeowner so chooses to...