Had they been doing their jobs properly, many of those houses in question would not *BE* on the foreclosure list.
This is another thing that can be blamed on Bill Clinton and further back Jimmy Carter. If Carter hadn't created the Community Reinvestment Act, and if Bill Clinton hadn't insisted taking action on the racial disparities the act deliberately tabulated, then none of this would have happened in the first place.
People who couldn't afford mortgages wouldn't have gotten them, the financial collapse of 2008 wouldn't have happened, and probably stupid Barack wouldn't be President.
Jimmy Carter: A President so stupid his idiocy can reach out of the past and continue screwing things up in the present.
They did their jobs "properly" as defined by their political overlords.