We have had Wilshire for 3 years now with no late payment, no missed payments and our adjustable rate is supposed to go in effect by May 2008. I FedEx Wilshire all the paper works needed to do a loan modification so I can still have my fixed rate instead of adjustable rates since December 2007-4 times I faxed and fed ex paper works and keep calling them to know what the outcome of the request is and still to this day, 2 weeks before it is due for adjustable rates, they have not responded with any type of response. They say it is always too early for the loan modification and it is against the law to modify the loan if it is not in its 30 day grace period. Since Wilshire has been putting me off, it is 2 weeks before it changes to adjustable rates--Wilshire *** and their customer service agents have no clue as to what they are doing. I guess I will have to foreclose and they can have my house if that is what they want. I am not paying more than $3400 a month for a house that has lost its value by $100, 000 since the droppings of the houses. Wilshire wants me to start paying $4, 100 a month with these adjustable rates-they can go to h---??? They should be out of a job-they will be soon- if people can find other lenders-they need to be bankrupt since they are not helping any customers.

my home insurance and property taxes are compound with the mortgage payments. i got 2 cancellation notices in one year. the reason, Wilshire did not pay for my home insurance for last year. my insurance expires on 11th month each year. the orginal month was the 8th month, but because they did'nt pay the insurance bill when due, it became the 11th month each year. i need to know what are they doing with the money after all i'm paying the insurance every month through the compound payment plan. i hate this company. now i have to pay the insurance company another deposit in order to have insurance on my home. probably have to pay the whole insurance premium myself in order to keep insurance on the property. this means i will be paying insurance for the home twice a year. now thats sick. i need a lawyer but they rip you off as well. fellow Americans we need help to fight against the american businesses like wishire credit from ripping us off. i don't know about you, but i am tired of it. and i going to do something about it; not only for myself but for all of us.