I recently discovered Wilshire reported to the credit bureau I owe them in excess of $24k. I have never received a single phone call from them or letter indicating as such!
I too had a rep from wilshire call me shortly after moving into my home. She advised me my payments had been insufficient to cover to property tax liability.
She went on to state I would need to come up with the $700 for the shortage of property taxes and my house payment would increase more than $200.
Being recently divorced I was doing my best to
afford my home. But Wilshires tactics cost me my home. I would like to participate in class action law suit, I know all complainants do not need to reside in the same state.
I can't believe they have been getting away with this. I have no idea what the alleged monies are for and never did I receive notification from Wilshire. I was required to have mortgage insurance which paid the mortgage off when I had to default. The monies Wilshire claims I owe are "Undefined"!!!!