Aurora Takes Over As Servicer On RMBS Deals

02 Jun 2008

Lehman Brothers’ Aurora Loan Services unit has agreed to take over for GMAC-ResCap’s Residential Funding Company as servicer on five residential mortgage-backed securities.

-- Leo Shvartsman

Lehman Brothers’ Aurora Loan Services unit has agreed to take over for GMAC-ResCap’s Residential Funding Company as servicer on five residential mortgage-backed securities. The five securities are Luminent Mortgage Trust 2006-5, 2006-6, 2007-2 and HarborView Mortgage Loan Trust 2007-2 and 2007-7.

The move will have no effect ...

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