Mortgage w/ Lehman - What Next?

Discussion in 'Wall St. News' started by tito, Sep 15, 2008.

  1. 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.
  2. 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.
  3. dorfman


    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?
  4. you get your home for free now
  5. MattF


    as many in/around the company would say, or "reassure"...keep making your payments as scheduled :p