Real estate blog entries tagged with adjustable rate mortgage by Liane Thomas (The Jet Team, Keller Williams Realty, Corona Real Estate)

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Home : Blogs : Liane Thomas : Corona Ca Real Estate News : Tag "adjustable rate mortgage"

adjustable rate mortgage: Subprime Mortgage Relief, Freezing of Adjustable Rate Loans - 12/07/07 07:14 AM

If you have one of those "teaser" rates on a home, pay close attention. Keep making your payments on time, and answer the phone when your lender calls you! Homeowners who follow those two rules may take advantage of a plan to prevent mass foreclosures. The initiative, released Dec. 6, was dreamed up by bankers and federal regulators. Known as the "Streamlined Foreclosure and Loss Avoidance Framework for Securitized Subprime Adjustable Rate Mortgage Loans." It's as complicated as the name implies.
But for now, the advice is simple:
"What's most important under this protocol is to stay current on your loan," Sheila Bair, … (2 comments)

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Liane Thomas

Corona, CA

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The Jet Team, Keller Williams Realty, Corona Real Estate

Address: 1385 Old Temescal Road, Corona, Ca, 92881

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