lehman brothers: Aurora Loan Services-Lehman Brothers...Last Day To Submit. Closing Doors!
- 01/18/08 01:03 AM
Well...It's official! Got the "official e-mail" ... even though corporate actually dropped the bomb yesterday at 10am. My file with them must fund by the 25th. That is the day that my lock expires and there will be NO MORE lock extensions! Today is the last day to submit a new loan to them and you can only lock for 30 days. Here's the e-mail... Dear valued clients: Aurora Loan Services' parent company, Lehman Brothers, announced today that it will substantially reduce its resources and capacity in the U.S. residential mortgage origination space in light of the dislocation in the mortgage markets. As a result, (2 comments)