Families in Foreclosure

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This petition calls for the mortgage company Aurora Loan Services to grant a deed in lieu, or any other action that would allow Hubert Broussard the grace of decent credit, after he has shown honor in his attempt to keep paying his mortgage. On behalf of Hubert Broussard, we are petitioning Aurora Loan Services for GRACE. As Hubert's tax dollars granted reprieve to the banks who sold and resold bundled high-risk mortgages and lost, we ask only for GRACE in order that a man who lost his job, and used his life savings and 401K to continue to make payments, may have a fresh start and be able to get credit at a reasonable rate. We know this is an unusual request, but it was unusual for us individual Americans to have to bail out banks after their gambling binge. AND HUBURT DID NOT HAVE A GAMBLING BINGE. So, Aurora Loan Service: how about giving Hubert a little grace?

Hubert bought his home in 1995. In 2001, he married his wife, Stephanie, and they took custody of her three grandchildren, then 1,2, and 4 years old. The couple eventually adopted the kids. Currently the childrens mother, whom Hubert and Stephanie continue to support due to health issues, also lives in the home. The Broussards are not asking for a freebie or to be forgiven their debt. They are only asking for a deed in lieu to preserve their credit as they move to another town where Hubert has received a job offer for only $30,000 a year. Aurora Loan Services has said that a deed in lieu will only be given with Huberts signature on a $35,000 promissory note. Hubert cannot sign this note, as it is as bad a financial decision as the one he made when he refinanced. The Broussards, along with their three grandchildren, have just moved to Lafayette. Their credit card company is already telling them that a reduction to their credit limit has been made. This is the first of many challenges they will face as a result of the foreclosure. Please help to get the message to Aurora Loan Services, so the Broussards can start with a clean, albeit very empty, slate. Granting the deed in lieu will not change the equation for you, Aurora Loan Services, but it sure will do so for the Broussard family!

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Aurora Loan Services
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