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Lehman Expands B&C Presence.(Aurora Loan Services)(Brief Article)
Mortgage Servicing News
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February 01, 2003 |
COPYRIGHT 2003 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
The Lehman Brothers-owned Aurora Loan Services is doing a swift little business in 'Alt-A' lending and in now looking to expand its presence in subprime.
According to one Aurora official, the non-depository wants to "build a large platform" to fund subprime residential loans through mortgage brokers and correspondents.
The official said Aurora is looking to hire to reach its goals. In the third quarter, the Colorado-based lender ...
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...participating in the agreement are: Acqura Loan Services, Assurant, Aurora Loan Services, Avelo Mortgage, Bank of America, Carrington...Tennessee Home Loans, GMAC ResCap, Home Loan Services, HomEq Servicing, HSBC Finance, Indymac...
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Source: HighBeam Research, Lehman Expands B&C Presence.(Aurora Loan Services)(Brief Article)