The 'on-again/off-again' sale process has started once again for Aurora Loan Services, the Colorado-based mortgage banking division of Aurora Bank FSB, according to industry officials.

One ALS official told National Mortgage News that company employees were told at a 'town hall' meeting late last week that the unit is on the block and must be sold by May 2012.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.