From ABC News...
Perhaps no one word has defined this recession better than "foreclosure."I'm split on Obama's economic policy. I've heard great arguments for and against the bailout and stimulus and don't yet know if I'm behind either of them. But all these plans are made with good intentions.
In the last year, banks started foreclosure proceedings on more than 2.3 million households, according to RealtyTrac, and entire neighborhoods in Florida, Arizona, Nevada and California became ghost towns.
Today, President Obama will unveil his administration's plan to stop that foreclosure flood.
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