I can not believe how people tend to blame the bank or mortgage servicer for them losing their homes when it is their own fault. You signed a contract and knew what you were signing and if not that is *** because you did not want to take the time to read before signing.
Wilshire is a loan servicer, not the lender you signed the loan note with.Sometimes circumstances change but if you bought a car and had a loan on that and did not make the payments, would not that car be repossessed?
Not any different than a home loan, if you do not pay then you could lose the home. It is not Wilshire's fault,and many consumers think that they should not have to pay their mortgage and keep their home also.
Product or Service Mentioned: Wilshire Credit Loan.