News for the ‘REOs’ Category

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!

Edited: December 16th, 2009