Wilshire has no communication. I have been trying to complete a short sale which wouldn't have had to happen had Wilshire had their ducks in a row. My interested, signed document buyers, walked because Wilshire was incapable of supplying an accurate closing document. The closing document included absorbenant fees for future taxes as well as very elevated interest charges/penalties for late payments. Of course the sale fell through.
I think the house will end up in foreclosure because Wilshire will not accept anything other than a HUD1 statement and the relocation company that relocated me does not and has not ever had to supply a HUD1 statement but DOES supply the same information on a settlement statement, you guessed it, Wilshire will not accept it a settlement statement in lieu of a HUD1. HOW RIDICULOUS is that?!?! They are willing to let the house go into foreclosure because of a HUD1 statement. Go figure!!!
I like the first comment hate Wilshire. Dont expect to talk to the same person twice, you wont!!! Every other representative you talk to, you can't understand, don't know english well. Very poor communication... Steer away at all costs!!!
Pros: none
Cons: Poor communication, never call back, never talk to the same person twice, wont take a settlement statement in lieu of a HUD1, foreclosure coming I feel
Overall user rating: Not Recommended
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