Wilshire Foreclosure Me and my wife had fallen into the trap 3 years ago when it used be World savings bank not letting us know what we are getting are selfs into. our loan officer or bank had never even given us the detail on what kind of loan we are getting which is a optional ARM mortgage, and our 3 three year anniversary is already up this year. It seems that all they wanted is our money in the beginning now that I think about it and never helped after that. Since then, we can only afford to pay the minimum payment and thank god we had help to put down a big payment on the house, so now our negative amortization is eating up all the down payment we had. We have build up about 23,000 in deferred interest on our house. We are scared because every year on our anniversary we get a letter that mortgage payment will increase by at least 100.00 dollars and we cannot afford to do this every year. I cannot say that were behind or late on payments because we do make the minimum payment everymonth, but there is going to be a point when we cannot afford it and we desperately want to do a loan modification, extend our years of term, or get a reduced principal balance on the loan. We want to get out of the ARM, and be able to afford our loan at the full principal and interest. We had gone into this toxic, pick a payment loan, because we cannot afford to even miss a payment even though some people say to miss a couple payments then they will consider a modify or MAP. Since my wife is the only one on the loan, she has been given the run around since march and we are getting fed up. we need help with a Wilshire Loan Modification