DNC slams Romney on foreclosures

The Democratic National Committee is out with a new website and web video slamming Mitt Romney for opposing government intervention in the housing market.

The ad shows video of Romney opposing help for foreclosed homeowners. "Don't try and stop the foreclosure process, let it run its course and hit the bottom, allow investors to buy homes, put renters in them, fix the homes up and let it turn around and come back up," he says in the video.

It then closes with the tagline "The Romney plan? You're on your own."

The DNC followed up with a conference call with Democratic leaders from Florida and Nevada, two swing states that were epicenters of the housing crisis that partially triggered the great recession, and tried to further their often-repeated attack that Romney doesn't care about middle-class Americans.

"To Mitt Romney, houses aren’t places where you build a family and raise your children, they’re investments used to make a profit," said DNC Communications Director Brad Woodhouse. "Mitt Romney is out of touch. He’s out of touch with what’s going on with this country, he’s out of touch with the middle class."

The foreclosure crisis continues to be a major problem in Florida and Nevada as well as across the country. But President Obama has problems on the issue as well. Rep. Dennis Cardoza (D-Calif.) blasted the president in his retirement announcement earlier this week on the issue, saying he was "dismayed" by the administration's "failure to understand and effectively address the current housing foreclosure crisis."

Romney's campaign made a similar argument in its response. "President Obama and his campaign will continue to do everything they can to distract from their failures," said Romney Spokesperson Andrea Saul. "Under President Obama, millions of Americans have lost their homes, with 2.9 million foreclosure notices filed just last year.  Mitt Romney is a conservative businessman who has an economic plan that will actually create jobs and keep people in their homes."

Woodhouse defended Obama's record on the issue. "Certainly there’s more to do," he said. "But the answer isn’t to throw up our hands."

Watch the web video here:


This post was updated at 4:22 p.m. to include Saul's comment.

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