In a June release, Biz Journals reported, “Nationwide, 321,480 foreclosure filings were reported in May, which is six percent lower than April 2009, but about 18 percent higher than May 2008. One in every 398 U.S. homes received a foreclosure notice last month.” According to a CNN article published on June 9, 2009, …”approximately $75 billion of the total $700 billion bailout fund (known as the Troubled Asset Relief Program or TARP1) was allocated to banks specifically to modify loans and help t