IBM announced that it has finalized its acquisition of the core operating assets of Wilshire Credit Corporation from Bank of America Corporation (NYSE: BAC). The initial agreement to acquire Wilshire assets was announced on October 5, 2009.
If your mortgage is serviced by Wilshire this could be great news for you. Wilshire has been notorious for not letting homeowners (borrowers) off the hook for the deficiencies created during a short sale or deed in lieu.
If you are facing a short sale situation with Wilshire, call our office today for guidance on the best way to make sure your short sale is closed without leaving you on the hook
- The Bank Slayer
