Why did Wilshire deny my Loan Modification

We started a loan modification with Wilshire in November of 08'. I am in construction and work has been slow, so we have been consistly 2 mos. behind since last Christmas. I was waiting to get a check to get caught up and when it came in we called to finanly catch up. Wilshire told us that we were over three mos. and the forclosure process had started. Even though we have the money to bring it current they won't take it. Now we have attorney fee's and other fee's accruing and we don't have the money to pay all of that and the next mos. mortgage. We have been working with a gov. agency in NH called Neighborhood Works - but nothing is working and we are schedule to forclose on March 11, 2009

We started our modification in the beginning of November because my wife lost her job. Our house was up for auction march 12 of 2009 and we finally got our modification and the we filed bankruptcy and we lost our modification.now i dont know what to do.

I called Wilshire to ask if they could work with my husband and I since my husbband had lost his job and my hours had been cut to part time. Their responce to me was start selling all your item of value to pay your mortgage. We are not and will not be part of any bill that the president puts out on the table. we are not a bank nor a lender. What kind of .... is that! where do I turn!

I have been denied by Wilshire 3 Times so far since January 0f 09. Its now May and on my 4th round Im still getting the same answer from them everytime I call that its still in review so you are all not alone. They suck!!!

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!