Will You Benefit from the Subprime Rate Freeze?   Subprime Rate Freeze December 6, 2007 Applies to all first lien subprime residential adjustable rate (ARM) loans that have an initial fixed rate period of 36 months or less (including "2/28s" and "3/27s" referred to below as "subprime ARM loans" that: were originated between January 1, 2005 & July 31, 2007; Are included in securitized pools; Have an initial interest rate reset between January 1, 2008 and July 31, 2010 Typically, service/borrow communication should begin 120 days prior to the initial reset date. There are Guidelines, Principles and Recommendations for a Streamlined Foreclosure and Loss Avoidance Framework. Communicate with your servicer in whether you meet the FICO test and eligibility for a fast track loan modification.  Have any comments?   Brief from American Securitization Forum December 6, 2007   Name * Email * What is Streamlined Floreclosure and Loss Avoidance? All of My payments have been made on Time Yes   No I am 30 days Late on my Mortgage Yes   No I have One 60 Day Late in the Past 12 Months Yes   No I Received a Trustee Sale Notice, Do I Qualify? My Servicer/Who I send My Payment to: Personal Info | Testimonials | Request Info | Area Info | Properties | Know What is on Your Credit Report | Mortgage | Online Course Studies | Additional Info | Links | General Form | Buyers Form | Sellers Form | Schools | Community | Weather | REO/Foreclosure Properties | Wide Search | Will You Benefit from the Subprime Rate Freeze? | Opportunities for Part Time Associates | Schedule An Interview for License Associates | Current Inventory | Office Listings Site Map | Home | E-mail EXECUTIVE Real Estate of California, Inc. 950 South Coast Drive Suite 115 • Costa Mesa, CA 92626 714.957.0405 • 714.957.0469 Full Service Real Estate Brokerage Commercial ~ Residential ~Land Acquisitions~Foreclosures Prequalifying and Financial Arrangements Now Available Client Login: site by superlative