Before anybody confuses the issue, these five states were known for a while to be the worst for the housing bubble. Do not make the mistake of thinking that Obama’s mortgage plan is to secretly reward those who voted for him, this is just a coincidence, IMO. And that will remain my opinion until any new evidence comes to light.
The states are not listed in the excerpt, so let me guess: Florida, Arizona, California, Nevada, and.....
Maybe Colorado?