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Visitor
Manny1
Posts: 1
Registered: ‎02-14-2012
0

Aurora Loan Service all REO properties on HOLD

Currently all REO properties are on HOLD and they are not closing escrow. Does this due to class action law suit filed against them in california. Anybody have any info

Visitor
derlan911
Posts: 1
Registered: ‎02-20-2012
0

Re: Aurora Loan Service all REO properties on HOLD

I did not realize there was a class action lawsuit in process.  Does anyone have any information regarding the recent law changes regarding mortgage refinancing to a lower percentage rate, with Aurora Bank.  I was recently offered a temporary modification on my 1st loan.  I mailed in the first reduced payment only to discover it was not applied to the regular monthly payment.   This is the first time I have missed the payment and I am not feeling comfortable.  Is there anyone in a similar situation?  I am going into the 5-yr ownership period and I am not pleased with the service (or lack of) I am getting. 

RRW
Contributor
RRW
Posts: 29
Registered: ‎12-27-2011
0

Re: Aurora Loan Service all REO properties on HOLD

Please let me know if you have ahd any success. Here is what I know thus far...make sure to scroll all the way down to recent postings through March.

 

http://activerain.com/blogsview/2704872/aurora-bank-trouble-closing-short-sale-escrows-this-january-...-

 

Facebook page for people waiting to close

 

http://www.facebook.com/pages/Aurora-Bank-Waiting-to-Close-Foreclosures-Short-Sales/319926854720425#...