Banks Take It Easy, While Miami Struggles Against Foreclosures

"At night, the Miami skyline didn't light up. In fact, it looked dim from all the vacant homes with no lights on. During the day, the tall condo cranes, symbols of a "growing Miami," stopped mid-construction. Even in the richest zip codes, someone knew a family in foreclosure. Still today, almost half of all Florida homeowners owe more than their home is worth."