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Aurora Loan Services They bought my loan at 5.430%from BSM who bought it from B&J at 2.605% they bought it from Homecommings at 7.75% Scottsbluff Nebraska
On 3/22/07 I refinanced with B&J Financial at 2.605% with a 5yr. fixed. I refinanced because Homecommings took over when World Savings went under.My loan with World was at 6.150 Homecommings raised it to 7.750%.On 4/4/07,BSM Financial baught the loan and the rate went to 5.430%.On 4/14/07 Aurora bought the loan from BSM and the rate went back to 7.750% and omited the five year lock.The minimum payment of $2,165.26 does not include pricipal and interest.My original loan at World included pricipal and interest on all payments.When I refinanced with B&J all payments included pricipal and interest and never rose above $2,135.21 for the life of the loan.I do not make enough money to qualify for a $558,719.92 loan at 7.750%.The payment with principal and interest wold be $3,900 per month.My credit report does not show the transaction that I made with B&J or the transaction that I did with BSM.It only shows the loan going from Homecommings to Aurora.I have "Truth and Lending Disclosure Statement"s from B&J and fom BSM.The only one with my signature is the one from B&J at 2.605%.Aurora says that I am in default.They want me to arrange a short sale.I refuse.