aurorabankfsb

Aurora Bank FSB

Overview

Aurora Bank FSB, founded in 1921, provides financial products and services including Consumer Banking Services (Retail Banking, Mortgage, Residential Servicing), Business Services (Investor Services, Business Technologies), and Commercial Services (Debt Management, Performing Loan Workout, Special Assets Management, Real Estate Management Services).

Headquartered in Wilmington, Delaware Aurora Bank FSB has offices in California, Colorado, Indiana, Missouri, Nebraska, New Jersey and New York.  A federal savings bank, Aurora Bank is regulated by the Office of Thrift Supervision and the FDIC.  Aurora Bank is an Equal Housing Lender and a member of the FDIC.

Consumer Banking Services

Aurora Bank FSB offers banking and home loan products nationwide through our retail branch offices in New Jersey and Delaware and via the Web (www.aurorabankfsb.com).  Aurora Loan Services LLC, a subsidiary of Aurora Bank FSB, provides servicing of residential home loans for consumers throughout the United States.  Aurora Bank provides competitive options that are easy, convenient and secure.  Aurora Bank is committed to a great customer experience as well as to safeguarding your personal and financial information.

Retail Banking Products

·         Checking accounts

·         Savings accounts

·         Money market accounts

·         Certificates of deposit

 

Mortgage Products

·         Fixed and adjustable rate home mortgages

·         Purchase Money Mortgages

·         Mortgage refinancing

·         Mortgage servicing

 

Business Services

Aurora Bank offers extensive experience in managing the risk and operations of mortgage assets (purchase and sale).  Aurora Bank manages all aspects of the process from loan setup to capital market distributions.  Aurora Bank can customize our services to meet customer needs and provide unique process solutions to maximize value.

Business Services Products

·         benefit from our extensive experience and ability to execute complex requirements. As one of the nation’s largest master servicers our exceptionally experienced and knowledgeable management group has worked together for several years to provide high quality services and creative solutions. benefit from our extensive experience and ability to execute complex requirements. As one of the nation’s largest master servicers our exceptionally experienced and knowledgeable management group has worked together for several years to provide high quality services and creative solutions. Investor Services – Securitization Master, Whole Loan Master Servicing, Whole Loan Accounting , Bond Administration, Default Surveillance, Post Closing Forensic Due Diligence, Repurchase Claims & Remediation, Servicer Oversight

·         Business Technologies – Investor Portal, Secure File Upload, Bond Administration Application

 

Commercial Services

Commercial Services provides turn-key solutions that help clients manage their bottom line by focusing on providing loan servicing for commercial real estate properties and third parties on a contractual basis.  Commercial Services provides products including large- and small-balance commercial/multi-family, bank and non-bank ownership structures; investor relations connectivity to the FDIC, GSE’s, rating agencies, and the SBA; new originations, servicing, collections, workouts, and disposition for multiple commercial property and  borrower types; and whole loan sales and securitization. 

Commercial Services Products

·         Debt Management – General servicing, collections, payment remittance, and investor reporting

·         Performing Loan Workout – Increasing market value of loans or maximizing recovery with their liquidation

·         Special Assets Management –End-to-end asset management services from early delinquency to cure, workout or asset disposition

·         Real Estate Management Services – Expert REO services including property management, renovation oversight, and property sale