Political Quotes

Bob Bennett: We do not make money when we foreclose on customers. It is in our best interest to figure out ways to make loans perform…

On the recordNovember 15, 2010
We do not make money when we foreclose on customers. It is in our best interest to figure out ways to make loans perform again.
Said by
Bob Bennett
Republican · Utah

Editor's note · Context

Bennett emphasizes the importance of loan modifications over foreclosures for financial interests.

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More from Bob Bennett

Jun 23, 2010

I can understand the impulse for a moratorium. I am not at all sure that a blanket moratorium as broad as this one will produce any higher degree of safety than a more targeted kind of thing.

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Apr 21, 2010

I think they are basically irrelevant.

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Jun 15, 2010

We will not only lose the industry, we will lose the skills that go with it.

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