Rep. Titus targets banks in district hit by housing crisis

Rep. Dina Titus's (D-Nev.) focus on home foreclosures in her first TV ad should come as little surprise in light of a new report that ranks her district as one of the hardest-hit by the mortgage crisis.

A Deutsche Bank analysis notes that 26 percent of home loans in the freshman Democrat's district are seriously delinquent (90 days or longer). Titus's Nevada district has the eighth-highest delinquency rate in the country.

"Dina helped us renegotiate our loan," says one woman in the 30-second ad, which starts airing Tuesday. "And she saved our home," says another. "Thank you, Dina, for helping us keep our home," says one man.

There are two other states where foreclosures may be a major issue. Florida and California are home to the other districts in the top 25 in Deutsche Bank's ranking of those with the highest mortgage delinquency rates. 

Meanwhile, Republicans accused Titus of spending "taxpayer dollars recklessly."

"Southern Nevada can no longer afford Dina Titus because under her policies Nevada's foreclosures and unemployment rate are the highest in the nation," Joanna Burgos, a spokeswoman for the National Republican Congressional Committee, said in a statement. 

--Updated at 1:50 p.m.