What happens after we receive an NOD (Notice of Default)?

These heartless bastards are not only uncaring, they are flat out liars! I sent in a payment and when it never cleared my account, I called to inquire. They said it was accidentally posted to another persons account. How can that be when my check had my information and account number on it and included the payment stub to boot? They apologized and then said they sent MY CHECK back to the other person by mistake! Time was of the essence in this matter due to being late and they suggested giving them a payment over the phone to keep me on my current repayment plan. I did so to prevent being kicked off the arrangements we had agreed to. At that time I only had $5K to my name as that was my income tax refund and had just sold my business at a huge loss. I was desperately seeking employment after being self employed for 14yrs. The misposted payment was $2300. I gave them the over the phone payment and amazingly - not 36 hours later - the original check I sent cleared my account. Aurora not only lied, they wiped me out financially. I have been on not 1 or 2 but 3 repayment plans with them - all of which they have kicked me off of for frivilous reasons. Liens? I had none! Made arrangement for another plan and was told to immediately send in my new payment even though I hadn't rec'd the paperwork. "Don't be late" I was told. Mailed that payment in and rec'd it back stating that I was not on a repayment plan. Have been getting nowhere since last Sept. They won't even give me the name of my mediator. Lip service is all you get. And be forewarned, they don't bother taking accurate or important notes. This company simply does not care about anyone's situation. They are their own worst enemy and as all the others have expressed - although we are the sacrificial lambs in their crosshairs now - it will be a great day in America when this company goes down the tubes due to their own ignorance.
PS: Isn't it funny that their own employees are posting positive notes on here? Hey YOU, Aurora employees - you're gonna be out of a job soon and then maybe - you will be able to relate to the rest of us and ask for forgiveness.

They are heartless.
All modification requests have been ignored and/or declined. They want us to pay balloon payments to get caught up on what we owe, with the first payment being the regular outrageous mortgage payment. Geez, if we could pay the payments we would have all along. Only after paying what we owe, will they consider a modification. At which point they will deny stating we could now afford payments. We are in California and have an ARM loan. House depreciated by over $200,000. They ignored my last modification request and put us straight into foreclouse.
They are HEARTLESS BASTARDS!

I too am in California. I lost over $200,000 in my homes equity as well and put in for a modification about 6 months ago...they are still 'working on it'. Every time I call I speak with someone different who doesn't have any notes from the last calls I've made, there is no new status of my modification and no one could give me an answer as to what exactly an Aurora Loan Services modification is...am i going to still owe double what my house is worth except they stretch it over 70 years to make my payment lower or are they going to lower my payments for the next 5 years and then I get hit with the 'balloon' again? I don't know...they won't give me any answers. I am looking into this program CFCIG. I barely started the process so I can't say wether it's good or bad and I don't know if it will work for everyone but for those of you looking for help here's another option. I don't work for them I actually heard about them from one of my military buddies. Also for those of you that need credit help...which I so desperately needed after being drug in the dirt by Aurora...there's a credit program that is fixing my credit. They guarantee their service! It is strictly a word of mouth business though so here is the referal number I used to get it: 4557. I am using them to rebuild my credit in case I do get foreclosed on...that way I can at least rent an apartment if I get screwed by Aurora.

i hear you loud and clear californians. same run-around with all these idiots. liars and thieves.

I got tired of getting the run-around and decided to hire someone to fight for us!
We were only one month behind on our adjustable rate payment when I tried to get Aurora to modify our loan and all they did was give me the run-around! I couldn’t believe it when the guy on the phone (he was a big jerk!) actually said that my family shouldn’t eat so much because then we would spend less on groceries and would have more money to make our mortgage payment! He also said we should get a cheaper car and a bunch of other stuff that was really rude. This whole thing was keeping me up at night worrying about what was going to happen to us. I told my friend at work about this and she said I should call the loan modification company that got her loan modified down to 3.25% fixed interest rate! I finally decided to call them, and in about 45 days they got my interest rate down to 3.85% on a fixed rate too! The company is American Foreclosure Specialists and we are really happy with what they did for us. The website is afscanhelp.com. We chose them because they didn’t make a bunch of promises like some of the other companies and they had a 100% money back guarantee. I hope this helps some other people fighting with their loan company!

Question... My wife and I filed Bankruptcy and can now begin paying a modified mortgage payment.

Aurora will not do it and we just finished our fifth Forebearance agreement. As I understand it Aurora is in Bankruptcy now. What should we do?

I'm California also and unfortunately Aurora is my servicer. I’ve been trying since Dec-08 to modify my loan and they finally offered me a mod but it was $1600 more than I was already paying! So in July-09 I applied for the Obama HAMP program which I fully qualify for both financial and home value wise but guess what…Aurora says there nothing that can do for me except to offer me a short sale. Thanks to Aurora my wife, two young kids, and myself will be out of home within a year if I can’t get help.
I’ve never been late on a payment…maybe that’s the problem!

I am also with aurora. I had two mortgages. I called and was told twice after filling out paperwork that I could not get a mod first because I had negative balance after paying my bills. Then again when I got a positive balance they said I could not afford it. I finally got a lawyer and they got me the obama plan. but I have 2 mortgages with aurora. The obama plan is for first mortgages only. I was paying about 2100 for the first and 662 on the second. They offered me to pay on a trial basis 1852.00 for the first and did not touch the second. I stopped paying in May. I'm about the pay my second 1852 and not a dime to the second one. They ignored it and so am I. Why didn't they put them together. the first was at at 7% and the second it at 13.5%. When I first got the house I was told that I could ref after being there 6 months. That was in 2007. They never did it. So now with just my income I am in trouble. I paid the lawyer I think $1,800. (And that's a payment in it self. I don't know what to do but a realtor came along about a month ago and offered me 280,000 for the house that I paid 367,000 for plus fixed it up a bit. She said if I give her the right to speak in my behalf she would ask that they take her 280,000 and not mess up my credit. Since I did not hear of this before I told her I would think about it. She showed me statistics of what was selling in the area but it was from about January. Just the same I never called her back and she was from EXIT. I would love to sell but once I give realtors what they want I will be living in a shelter. I am even on BUY owner who took 1600.00 from me for advertising. that was 2008 and I never got one call. I don't know what to do. But this is messing up my credit. Everything in my live is current except this house.

i am with aurora loans ...how long does the forclosure process actually take before they actually take my home away...i am not on the loan but the owner isnt here so its like my home but im renting...i want out should i just let it go? how long do i have?

We live in Maryland, and are in the same situation! Prior to my injury, We were never late with our mortgage. We are the original owners of our home, and became late payers due to our temporary decrease in income. After I went back to work, we tried to get our loan modified, and was told that we have to pay all arrears, bring everything current, and then, maybe they will consider modifying our loan. They also stated that we may be paying a lot higher mortgage rate. Our loan ballooned, while I was recuperating, and we cannot catch up! There is just no way we can pay all of the arrears with the hope that they might grow a heart!! We are a family with a child, now we will have to move him away from his friends, and start all over again. This should not have happened, because we tried to prevent this. We call them right away, when we knew we had financial issues. They also told us that they are private lenders, and do not have to modify any loans at all.

I live in Colorado and I have the same problems with Aurora, saying they don't do modifcations then i do paper work and get declined because of lack of work or too much going out, I feel they just want my house not payments of any kind.Been trying for almost a year to get them to help me.

I wrote a post back on Sept 16, 2009 about Aurora...well I finally had it with them and stopped making my payment in Nov-2009 just to see what would happen. Right before the end of the year I got a call from an Aurora rep wondering why my payments were late so without giving up my entire history dealing with Aurora on a loan mod for a year, I decided to simply say ‘we’re having financial difficulties plus my property taxes were just paid, etc…’ the rep took all this down and 20 minutes latter I was setup on a 6 months trial payment period. I just received a letter stating they would like to make this trial payment permanent which means I need to complete the entire loan mod package all over again, but who knows maybe this time it’ll go through.
I’m not sure what changed at Aurora but I do know that the right-hand doesn’t know what the left-hand is doing over there, every time I speak with someone I get a different answer…so who knows. I will post more on the progress in hopes to help others.
Also, when I stopped making my payment I was ready to go all the way even to file BK if I received an NOD.

We have had the same issues with Aurora. We tried to modify our loan on an investment property and they said no. Then, we applied for a short sale and Aurora took too long to approve it, over 90 days, so we lost it. Then tried a deed-in-lieu process. WHile that had been processed, we received another offer on the house, which needed another short sale approval. We started that process in August 09 and were in constant contact with Aurora to ensure it was moving along. Our real estate agent was also in contact with them weekly about it. When the next 90 days went by, an Aurora rep. decided we never officially withdrew the deed-in-lieu so the short sale was never processed. Even though we had spoke to someone often about the Short Sale. So, we withdrew the deed-in-lieu officially and had to re-send all the short sale info. that was Nov. 20, 2009. Now the next 90 days is approaching and no answer but today we got papers from the Sheriff for Notice of Seizure. With one week left in the second 90 days!! This is a heartless company who has monkey's running it. Noone ever had the same answer and the left does not know what the right is doing. You ask for a manager and can not get one. You ask for a complaint dept. and get a fax. I did look online and got a number for an executive complaint dept for homeowner's, but had to leave a message and no call back as of yet. I too hope this company goes down in flames. We have tried to save our credit also but Aurora has seen to it that it does get pummelled. thanks for nothing!

I feel your pain, all of you. I was fortunate enough to find a company that is legitimate. Now I know that the banks the news and government say we shouldn’t go to any company that charges, that the banks will modify your loans for free. Well, how many of us on here have had our loans modified by the banks?

A lot have lost their homes, and lot more still will unless you do what’s necessary to save your homes from the banks. I went through what most of you have, I was there. Then I was referred.

I know I would have lost it to Wachovia if it wasn’t for him and the rest of the people who work there. Got me caught up on my mortgage 1st & 2nd, lowered my interested rate & payment.

Before anyone else on here loses their homes you need to give them a call. Don’t be afraid of hiring a loan modification company, be afraid of the banks, they are the ones who are taking our homes!

I know they get the job done. News and TV made me afraid to even consider a loan modification company because they are all scams and my lender will do it for free (wrong). There hasn't been not one story about a good company and when I tried to contact my local news channel they told me that my success story wasn't news (What!)

So, I am making it my mission to spread the word on this GREAT company!

I too tried for a loan mod. with Aurora. We weren't even behind, I just wanted a lower rate and to get rid of the Interest only payment. These people are sharks, they probably eat their young. We did 7 months of trial payments, were denied, were lied to by every single rep. we spoke with, of which there were over 15 in a 7 month period, and now our credit is ruined which equates to no other lender willing to help us out. Predatory lending is not going away folks. It is going to take a full scale uprising in this country to get rid of these abhorent people. Did you notice that the CEO of Aurora makes $4.3 million a year? Bet he has no problem with his loan, can take a vacation, send his kids to private school-if he didn't eat them!

The stories about Aurora are countless and basically exactly the same. My husband and I are also one of the MANY Aurora victims. Many of the comments posted are ABSOLUTELY CORRECT. Aurora's motive is the lead you into default and foreclosure so that can tack on all the extra fees and then foreclose on your home. PLEASE, PLEASE send me your story. I am in contact with an attorney who has already filed a class action suit against another loan servicer for the EXACT SAME THING Aurora is doing. He is interested in hearing from ALL OF US. I will send you the article about the class action suit he filed. Aurora MUST be stopped. They received $785 milllion from the Obama administration to "help out distressed homeowners". Yeah, right!!! Please send me your story. Only if we UNITE can we beat these crooks.

marlene in Anaheim please give me your email and will gladly tell you my story...being jerked around by aurora as well.

If legal action is taken against Aurora...count me in!

If legal action is taken against Aurora count me in. I can relate to your stories & experiences because me & my husband is also a victim. Until now we are still in a process of so called loan modification. We want to keep our home because we work hard for it.

I own a condo in Las Vegas (investment property) I stopped making my payments when all the rent prices went way down and couldn't make my mortgage payments with what I got in rent. I just received my NOD in July and am just waiting for the next shoe to drop. I sent my full financial info 2 times. talked to maybe 20 different people and never got an answer on the modification. I guess the NOD was my answer. nobody had any info in the computer regarding the prior conversations. I was never given any status on my paperwork no matter how many times I called. They just wanted me to make payment arrangements. I just felt like they were trying to collect money. they called me everyday and when I called back (everyday) they were just trying to collect money. they had no status for me. they are all screwed up over there. It's a waste of time.

I too was jerked around in the "modification" department, and am now scared to death in the short sale process. I had a nightmare of a time with the modification, and am definitely interested in getting into a class action lawsuit if there ever is one. Please Marlene, let me know!

I too have been abused by Aurora Loans. I'm a single woman who has maintained a $2000.00 mortgage by myself for way too long. I have applied countless times for modifications and each time I have been rejected. I applied for the 2009 HAMP program and again, I was rejected. I spoke with representatives at Aurora on a daily basis. They never had an update for me and each time I spoke with someone new. Our conversation notes were never documented and I spent most of time explaining my situation to each representative with no avail. At this point in time, I'm at my wits end! I don't care if I lose my home; I have another place I can live. I'm sick of paying for a home that I can't afford. I bought my home for 242,500...highest sale price for a home in my area in the past 6 months:180,000. I'm considering just walking away from this house. Can anyone out there offer a bit of advice? The foreclosure process is a bit overwhelming to me. Thanks!

Update from my Feb 11, 2010 post.

I came to he end of the 6mo payment plan so I called to find out what i should for my next payment. I was told to continue paying the payment plan amount, so I did. I started receiving letters saying that I owe an excess of 9,000 dollars that must be paid within 30days of dated letter (which was sent standard post) otherwise foreclosure process will begin. After 5 or 6 unsuccessful calls we found out that Aurora created an account and was stashing money in it which paid for over half the fees; I also found out that we were paying for a weekly drive by inspection amongst other things...what a ripe-off! We re-applied for a mod and was turned down for the 5th time. I was also told that my loan has been black listed and I'll never get a loan mod through Aurora! Why and how are they still in business?

Update from my Feb 11, 2010 post.

I came to he end of the 6mo payment plan so I called to find out what i should for my next payment. I was told to continue paying the payment plan amount, so I did. I started receiving letters saying that I owe an excess of 9,000 dollars that must be paid within 30days of dated letter (which was sent standard post) otherwise forclouser process will begin. After 5 or 6 unsuccessful calls we found out that Aurora created an account and was stashing money in it which paid for over half the fees; I also found out that we were paying for a weekly drive by inspection amongst other things...what a ripe-off! We re-applied for a mod and was turned down for the 5th time. I was also told that my loan has been black listed and I'll never get a loan mod through Aurora! Why and how are they still in business?

Please excuse my typos...using my phone and thumbs!

Trial payments to aurora is a joke "DONT SEND THEM ANY PAYMENT" they will rip you off. Demand that they do a mod. frist and send payment with signd contract.They will not do bussiness with you because they are rip off artist "AGIAN DO NOT SEND THEM ANY MONEY"

We are also under Aurora loan service.And we live in california too.I applied loan modification my self last dec. of 2009 and waited 3 months with all the their bullshit excuses maybe i didnt miss a payment.Finally i decide to hire a law firm to modify my loan and waited for another 3months but stiil denied.Now i start missing payment and already have NOD .Ithink for them we are only numbers , hopefully their greed will end soon.