I need help working something out with WIlshire to avoid foreclosure

I need some financial assistance to stop foreclosure on my home.

I am in the same spot !
Let me know if you find some help.

how do I get this "foreclosure" off
my credit I willshire put on while I was working with them to catch up. Now I cant refi because of what they did.

File a complaint against Wilshire to the Federal Trade Commission. They don't use much regard for individuals and problems of the economy that will take them down the same road (see MSN article about CIT quicking home mortgage business). You can't get a cold hard machine to care about humans.

It will not matter show is being foreclosed. Why care? The nation as a whole is going under, give back the house and watch all these fat cats with government in bed with them go belly up.
LET THEM TAKE THE HOUSE, you can live better with the stress and heavy handed financial arm breaking.

I am having the same problem with them. I started calling them in Oct., now we are going to mediation, which was ordered by our county court. The judge did not give them their summary judgement, so we have to go to a mediator. I hope this works, Just talked to a realtor, my house is worth 40,000 less than I owe. If anyone else has done this, please let me know how it came out

My husband and I are having the same problems with Wilshire and since we have posted our problem we have been receiving alot of emails from other people in the same boat. Our is we were making our payments on time with out delay for months then Wilshire picked up our loan and within weeks sent us a notice that we need Flood insurance for our home that we had owned for 9 years already we sent them mapping and a Flood Cert. showing that our home is not in the flood way but they would not respond to us and they added Forced Placed Flood Insurance to our mortgage payment at a cost of $445 extra a month. So we got an attorney involved and they would not respond to is letters or phone calls until enough time had gone by and since we were still making our mortgage payment but were not paying the extra $445 for the insurace that we DID NOT NEED they had been marking us as late every month because we were not paying THEIR full amount. So so after we received a Forclosure notice and finally they responded to my attorney. Since we posted this online we have received several emails from others with almost the same problem. Everyone that has contacted me has had an Escrow Account set up by Wilshire for us it was because of the Flood Insurance, another was because they paid her Property tax and raised her payment another $345, another, was due to the homeowner salary increase and they tried to increase his payments. The list goes on. If Wilshire has increased your payments for any reason please let me know your story. I am handing all these emails over to my attorney we are currently in a lawsuit with Wilshire and to our Attorney Generals office here in Indiana. This has to stop and I would love any help I can get to take to court to try and stop Wilshire. You can contact me at shilkett@comcast.net Thank you Amy

Hearing these stories is so sureal to me and my husband. We are currently being forclosed on by Wilshire and the things we have read are excatly what we are going through. They started an escrow account and charged us for flood ins. We had filed Ch. 13 and had an arrerage of $3500 and now just two months later they say we owe $11,000 all because of our "property tax" and there is just no way. We have been racking our brains and my husband gets online and finds this. We are going to try to get this information off the computer and take it with us to court on Thursday. Thanks so much for your information. Please feel free to email us --ronniesmith07@bellsouth.net

Wilshire has tried to do the samethings to us. From putting homeowners/flood,even reporting late payments to my husbands credit for not paying for the forced placed insurances!!

It took a letter from the atty. generals office to clear all this up and it still took ,almost a year for them to remove the late payments from his credit report!!

Wilshire has this insurance company they work with called CZ Sterling ,which I belive is a Fraud on the charges they try to add on to your loan . Especially if you all ready have insurance!

This company makes me so ANgry,just writing about it.
If you need any help with going after them I'm in . my email is hernz74@yahoo.com

willshire has done me the same way they have raised my morgage so that i can no longer afford to pay so i had to move out

I have been trying to deal with Wilshire and the attorneys to no avail. Has anyone been able to avoid foreclosure with them and if so; how? Do I need to file bankruptcy;get a lawyer; what?

My husband and I have been fighting to keep our home since August of 2007! Our time is running out and it's April 9, 2009. We've tried everything we know how. We even paid "THE JUSTICE FOUNDATION" over $3000.00 to file for Bankruptcy for us and it was thrown out because of bad advice AND the attorney arrested did not file everything in a timely manner so now we are at the mercy of "WHILESHIRE MORTGAGE" and they will NOT work with us even though we paid on time for over 2 years until this market CRASHED due to the BIG BANKS AND WALL STREET! It's just not right and we are Real Estate Agents who have worked for over 36 years just to LOSE EVERYTHING, INCLUDING ALL OF OUR RETIREMENT!!!! There should be somekind of CLASS ACTION LAWSUIT AGAINST WHILESHIRE AND WELLS FARGO BANK HERE IN LAS VEGAS. We did everything the right way and we still are losing our life savings.

Are there ANY CLASS ACTION LAWSUIT GOING that might could save our home and our retirement?
Sincerely need help!
Jennie

What about a stipulated loan mod? Looks like court papers to me and it will not even help us get caught up on the mortgage. We were only 1 1/2 months behind, then paid them 1 1/2 payments just to have them send them back to us, now they are foreclosing. Seems to me that no matter what we do, can;t seem to get Wilshire to work with us at all on saving our home. Wilshire actually makes more money servicing a mortage that is in defalt than one that isn't so of course they want you to fall behind. It's there little game!

I am a real estate agent and I am helping an elderly person and all the promises Wilshire offer have been broken and they are schedule to foreclose on 5/12/2009. I have now hire a lawyer to sue them and stop the foreclosure. Will keep you up to date.

We were two month behind on our adjustable rate payment when I tried to get them to modify our loan and all they did was give me the run-around! I couldn’t believe it when the guy on the phone actually said that my family shouldn’t eat so much because then we would spend less on groceries and would have more money to make our mortgage payment! What a jerk! He also said we should get a cheaper car and a bunch of other stuff that was really rude. Come to find out the loan modification they were going to give us was a just Forbearance Agreement and all it was going to do was add the payments we were behind on to the back of my loan. Since our interest rate was going to stay the same, this would actually make my payment go up! THAT’S what got me into this mess in the first place! My payments are too high! This whole thing was keeping me up at night worrying about what was going to happen to us. I told my friend at work about this and she said I should call the loan modification company that got her loan modified down to 3.75% fixed interest rate! I decided to call them, and in about 45 days they got my interest rate down to 4.35% and it’s a fixed rate too! The company is First American Financial Group and we are really happy with what they did for us. The website is, w. w. w. TheLoanModFacts . com. We went with them because they have attorneys on staff to make sure the banks do the best they can and they have a 100% money back guarantee. I hope this helps some other people fighting with their loan company! Don’t give up and don’t be intimidated by your mortgage company!

I am heading into a foreclosure and Wilshire holds my second mortgage. I worked with my Realtor on a short sale. We actually got a great offer and the first mortgage was going to be paid off while Wilshire was going to get $6000 out of it. Everything was looking great then in the last hour Wilshire denied the short sale unless we the borrowers were to keep the remaining balance as debt to them? We were told it was not Corp policy to forgive a portion of the debt. I wonder why they would think I would continue to pay on my mortgage when I no longer would own the home? So, foreclosure here I come. In the end they will get nothing when they could have at least come out ahead. I guess they like destroying our credit?

We too have Wilshire as a "loan servicer" on our mortgage. For the last 2 years we have tried to get out of an ARM only to have Wilshire deny release of lien on our second mortgage. Meanwhile they can call us at all hours of the night but we can not call them until 10am! We are current on our mortgage but not for long. It is time to stand up for our rights. I would be happy to band together with other homeowners and send Wilshire a message.