Arizona Attorney General on Loan Modification

AZ Attorney General Terry Goddard had the following to say regarding mortgages and loan modification.  This quote shows that he has a better picture of what is happening in our economy than most, and it makes me hope that he’ll try a run for governor soon.  On his Facebook page, Goddard says:

“It is in the best interests of all concerned parties – borrowers, investors in mortgage-backed securities, servicers, communities and the nation’s economy – to, whenever possible, avoid foreclosures by modifying loan terms to make them affordable for borrowers”

Thank you Mr. Goddard!