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However, foreclosure stories defy classification and stereotype. They include families experiencing job loss or medical expenses, or even people who have fallen behind a few payments and who are awaiting evaluation for modifications but for whom the bank has pushed forward with foreclosure proceedings anyway.
Highlighting more affluent homeowners who have gotten in over their heads also subtly deflects the responsibility away from the banks. Some of the very banks that are turning a deaf ear on distressed homeowners have been rescued by taxpayers’ money.
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