Old 09-25-2007, 08:38 AM   #1 (permalink)
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Arrow Contact American Securitization!

Hi Moe,

I found this article http://www.americansecuritization.co...y.aspx?id=1741
the organization is having a conference on loan modifications in Feb 2008.

The staff have emails. We who are affected and in these strangulating ARMs, must write letters to them. Tell them your stories!!! It will have an impact.

George Miller
Executive Director
Tel: 646.637.9216
Fax: 646.637.9124
Email: gmiller@americansecuritization.com


Tom Deutsch
Associate Director
Tel: 646.637.9235
Fax: 646.637.9124
Email: tdeutsch@americansecuritization.com

Tere Petersen
Director, Events & Marketing
Tel: 646.637.9236
Fax: 646.637.9124
Email: tpetersen@americansecuritization.com


Katrina Keller
Director, Strategic Communications
Tel: 646.637.9281
Fax: 646.637.9124
Email: kkeller@americansecuritization.com

Justin Ross
Analyst
Tel: 646.637.9238
Fax: 646.637.9124
Email: jross@americansecuritization.com


Katherine Seid
Analyst
Tel: 646.637.9259
Fax: 646.637.9124
Email: kseid@americansecuritization.com

Kristin Ellbogen
Conference Coordinator
Tel: 646.637.9232
Fax: 646.637.9124
Email: kellbogen@americansecuritization.com


Janet Brathwaite
Executive Assistant
Tel: 646.637.9234
Fax: 646.637.9124
Email: jbrathwaite@americansecuritization.com

Ida Cece
Executive Secretary
Tel: 646.637.9217
Fax: 646.637.9124
Email: icece@americansecuritization.com


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Old 09-25-2007, 09:36 AM   #2 (permalink)
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Thumbs up Re: American Securitization, Loan Modification guidelines

Awesome Job Nekocat! Now that's what I'm talking about If we all contribute just a little, it will help a lot. Let's write letters for sure.
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Old 09-25-2007, 09:37 AM   #3 (permalink)
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Re: American Securitization, Loan Modification guidelines

actually, they are having a task force call on loan modifications TODAY

Tue
25 Sep 07

ASF Loan Modification Task Force Call, 3PM 9/25/07

It is urgent that we all write a letter asking for loan modifications and how it's in the best interest of the securities holders to make lenders like Countrywide allow for modifications on the these ARM loans before they reset and strangle us all, otherwise the loans will be worth nothing to the holders, homeowners will be out on the streets, the mood of the country will be depressed and the economy will fail.


We must write letters and email TODAY!
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Old 09-25-2007, 09:48 AM   #4 (permalink)
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Re: American Securitization, Loan Modification guidelines

Here is the letter I wrotte: Copy and paste and click on the email address links above and maybe modify to be more customized to your situation.

Dear_____________

I learned that your organization is having a task force meeting on Tue
25 Sep 07 ASF Loan Modification Task Force Call, 3PM 9/25/07

It is urgent that your organization be the voice for homeowners like myself. I urgently ask for loan modifications by lenders and loan servicers like Countrywide, especially Countrywide who made the most number of pay option ARMs that are reseting and strangling homeowners.

It is in the best interest of the securities holders to make lenders allow for modifications on these ARM loans NOW, for people who are in default, are about to default, or were trapped into a predatory loan by a broker who was more motivated by their kickback by the lender and got people into loans they could not afford. If we do not modify these loans, they will be worth nothing to the security holders, homeowners will be out on the streets, the mood of the country will be depressed and the economy will fail.

As a homeowner in a very bad loan misrepresented by my broker, serviced by Countrywide, I URGE YOUR organization to FORCE LENDERS TO MODIFY before we are upside down in this negative amortization loan. Please do it before it is too late!!!!

Thank you,

Sincerely,

YOUR NAME
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Old 09-25-2007, 10:44 AM   #5 (permalink)
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Re: American Securitization, Loan Modification guidelines

OK, I'll write mine now too.
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Old 09-25-2007, 11:00 AM   #6 (permalink)
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Re: American Securitization, Loan Modification guidelines

This is a great opportunity for us all. Thank you for posting this information. I will definetly write my letter and inform them of Asc as my servicer. The more mortgage servicers are mentioned the better chances of having all lenders and services to finally modify all arm loans.
I see a time is mentioned on the conference call for today but where?
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Old 09-25-2007, 02:58 PM   #7 (permalink)
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Re: American Securitization, Loan Modification guidelines

I wrote my letter today and forwarded it to every person you listed.

Thank you for providing us with the information. I feel that everyone who has asked Moe for help should be writing a letter to tell their story and together we can help ourselves and each other.
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Old 09-25-2007, 05:55 PM   #8 (permalink)
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Re: American Securitization, Loan Modification guidelines

Thanks so much for the information. I too sent a letter to each person on the list letting them know how important Loan Modifications are not only to the homeowner, but also the investor.
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