Is there any way to fix the 1.5 patch for PS3 so that my character can submerge? Submerging freezes the entire game and console.

I thought that on the Bethesda Elder Scrolls Online Forum people would want to solve problems, not ignore them.

Besides the fact you're in the PC forum, not the PS3 forum, people don't sit around waiting to answer questions the minute you post them. Have patience.

The solution to your issue is http://www.gamesas.com/topic/1364560-game-freeze-after-going-underwater/.