ED Magedson – Founder
WILSHIRE CREDIT CORPORATION14523 SW Millikan Way Internet United States of America
My mortgage with Wilshire was considered paid in Jan. 2003. Now all of a sudden I get a letter from GMAC Mortgage that they bought my mortgage from Wilshire and that I owe $71,000 on my mortage.
Now what do I do. I am 71 years old. I get a social security check each month for $721. I cannot afford to pay a mortgage payment. AND I do not want to lose my home.
Wilshire had no right to sell my satisfied mortgage to GMAC. And GMAC has no right to collect any funds from me. And no right to lein my property.
I think I could use some help here.
This report was posted on Ripoff Report on 02/09/2010 08:02 PM and is a permanent record located here: http://www.ripoffreport.com/r/WILSHIRE-CREDIT-CORPORATION/internet/WILSHIRE-CREDIT-CORPORATION-Mortgage-paid-Jan-2003-Wilshire-sold-a-new-mortgage-to-GMAC-567075. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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