Mortgage w/ Lehman - What Next?

T

tito

My home mortgage is currently with Aurora Loan Svcs, a Lehman Brothers company. Now that Lehman has filed for bankruptcy, how will this affect my mortgage as far as payments and future refinancing options are concerned? Has anyone here encountered this kind of situation before?
Any input much appreciated. Thanks in advance.
 
Quote from tito:

My home mortgage is currently with Aurora Loan Svcs, a Lehman Brothers company. Now that Lehman has filed for bankruptcy, how will this affect my mortgage as far as payments and future refinancing options are concerned? Has anyone here encountered this kind of situation before?
Any input much appreciated. Thanks in advance.
More...

I'm through Aurora too. Nothing will likely change for us as someone is going to end up with our mortgages, if they haven't already.
 
Quote from tito:

My home mortgage is currently with Aurora Loan Svcs, a Lehman Brothers company. Now that Lehman has filed for bankruptcy, how will this affect my mortgage as far as payments and future refinancing options are concerned? Has anyone here encountered this kind of situation before?
Any input much appreciated. Thanks in advance.
More...

Lehman went bankrupt

so that means that they dont have to pay money they owe to others

but if YOU owe THEM money, you still have to pay

neat, huh?
 
Quote from tito:

My home mortgage is currently with Aurora Loan Svcs, a Lehman Brothers company. Now that Lehman has filed for bankruptcy, how will this affect my mortgage as far as payments and future refinancing options are concerned? Has anyone here encountered this kind of situation before?
Any input much appreciated. Thanks in advance.
More...

you get your home for free now
 
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