Wilshire Credit Corporation

Our names are Albert and Sara and we are victims of the mortgage game that is going on right now with Wilshire. We found our dream home in a little town in Idaho, a beautiful 5 bedroom 3 bath home that was 3,000 square feet. Plenty of room for us to start our lives being foster parents, and hopefully being able to make some children?s dreams come true of having a family.

In the summer of 2007, we fell behind on our bills. Albert got sick and I was traveling over 100 miles each way for work. We contacted our mortgage agency, Wilshire, for any assistance we might be able to have. We were told that we could put in a hardship forbearance to help us out. We faxed this paperwork to them over 4 times. They kept saying they never received it. We then sent it to them via certified mail 2 times and still no response.

By this time, it was fall and we could no longer make the mortgage payments. When we could no longer make the payments, we put the house up for sale. This then brought us just more tears, and headaches. We thought we had already been put through everything we could possibly be put through, but it just continued. We had absolutely no offers on the home last fall, and in December we moved closer to my work and closer to healthcare for Albert. In the winter of 08, and into the spring of 08, we kept the house listed. When we moved out in December, we could only take the bare essentials with us due to high moving costs and left 75 percent of our things in the house.

We got an offer in February that would pay off the mortgage and give us the extra money we needed to finish moving, only to have Wilshire drag their heels and never respond to the title agency, the bank, everyone. It was like they never were contacted. We could get no response from them. That deal went south, and we were devastated. We could never get a pay off amount from them. They were contacted by several different agencies regarding the amount owed.

We were ball-parking the figure to be somewhere around $92,000 due to an early prepayment penalty. We finally received a letter for the payoff amount around 6 weeks after it was needed only to find that they were charging us around $1,800 a month in fees. We subsequently have had 3 more offers that have all been lost due to Wilshire not getting back to people at all. We went from owing $88,000 to over $100,000 due to them dragging their heels. But our story does not stop here.

We got an email from our agent this last week telling us that she could not get into our house to show it; it is still ours until the 27th of August. The mortgage company broke into our home, changed the locks on the doors, and padlocked our shed. They have essentially locked us out of our home. Our belongings are still in the house, our shed is full of our belongings, and we are unable to get into the home to see what has been taken. They have committed a crime!! Not only have they committed breaking and entering, they have committed grand theft, and they have impeded the sale of the house several times. We are represented by a lawyer who wants to hear from you!! Do you want to be part of a class action law suit against Wilshire?

Visit http://www.wilshiresucks.net for more information.