I think Wilshire is stalling just to try and get my home.

Wilshire has foreclosed on our property without verbal communication and one day prior to substitute sale. Now, each time that we call them, we get a different answer from someone, they won't let me talk with a Manager (only Customer Service Reps), and we feel used and abused.

I applied for a loan Modification back in October and they send me a Stipulation Agreement where they agreed to take a monthly payment for 5 months. The five months already past. I paid them on time. Now they tell me to continue paying the same until they give me an answer when and if they're approving me. I feel the're giving me the run around. What can I do? Please help me.

Rescind the loan, call us, 410-257-5283 or email, timcotten@mris.com

Wilshire has also foreclosed on our property after we entered into a Forebearance Stipulation and have collected $4,000.00 to make the account current and paid two subsiquent payments. While we are waiting for the new modified loan payment they went ahead and sold our property to one of their subsidary company and now we have to retain an attorny to have the sale reversed due to an illigal skim they used to get our house. We have attempted to resolve the issue through our attorney so far we can't even get a response from ther attorney. We need your help how to resolve this problem.

We were in good standings with Wilshire when my husband left work due to disability. We contacted Wilshire to see if they would work with us on lowering the payment. They refused and told us to pay all or nothing. We didn't pay for a few months. One day we heard about modifications. So we contacted Wilshire and began working with them. They drew up a stipulated agreement with us and we agreed to sign the contract. While the contract was in the mail, I found out that my employer (state of CA) would be taking 10% of our income to help budget situation. I asked and Wilshire agreed to start the process over to rework numbers. We received notice that an auction date to sell our home had been scheduled so we called Wilshire to see what they could do. They were able to stop the sale. In the mean time, they wanted proof that we were getting a pay cut at work. Because the unions took the Governor to court, I could not immediately provide this info; however, I kept in contact with them to keep them updated. The Governor won the case and the state started deducting our pay, so I was able to provide a check stub showing proof. While waiting for an answer, we started receiving business cards on our door from a broker that claimed to be handling our home. We called him and found out our home had been sold three weeks earlier. He started asking us to take cash for keys. Meanwhile, Wilshire is supposedly still working on our loan mod, but was able to confirm that our house was sold. Now, despite proving to them that we have made up for lost income by reducing debts to only essential items and showing rent we are receiving from occupants in our home, we're received a letter stating we have been declined modification based on insufficient income. We qualified before with less income and more debt. We just received a notice to vacate by this coming Sunday. Today is Monday. How is that for HOPE! We never received any notice that a new date had been scheduled to sell our home. I would love to join a class-action lawsuit against this company.

The HOPE for homeowners is a joke right along with Wilshire. Each and every time I call about a modification or anything to help assist in lowering my mortgage payment, the famous word pops up 'NO'. I have never heard so much bull in my life. I do not know anyone that has Wilshire that says anything nice about them or the investors. as of last week, i have made my last phonecall to them regarding my loan. i will let my husband deal with the idiots.

Wilshire will not let you talk to a manager, only the reps. They keep asking for the same information, which they already have. They want to take your home through foreclosure. I had 2 offers to sale the home, Wilshire delayed so long that the buyers walked away. I have a new buyer offer and Wilshire cannot be contacted by phone, it is at least 45 minutes wait on the phone waiting for a representative to answer the phone. Something needs to be done immediately.

Hey, I can tell you my story, however, every one of your stories is my story. I will love to join in the class action law suit. Wilshire says its not a loan company, however, if its a debt collections agency there must be laws agasint what they are doing.
If we are not ready to contact the A. Generals Office and go with our proof of abuse, then please don't waste my time. We need action, and we need action now.

I have posted several times before, but decided to be a good girl and try for laon modification and work with our attorney. Now, I feel like for some insane reason Wilshire wants our home and after 7 court ordered mediations and almost 2 yrs. of aggravation, I am ready to give it to them. We have been p[aying a stated amount in forebearance for 9 mos., now they want to double that amount for 7 months, with no loan mod gaurantee at the end of it. When I check my credit report, the principal keeps going up on my home and here in OH ii is no longer worth what we owe. I have snet stuff, tried as much as I can and cried a whole lot. I guess I will just have to accept the inivitable and loose the home we build and raised our kids in. We can start over and they cannot get me down too much. They are horrible and good luck to those of you who are still dealing with them.