The Cure For The Foreclosure Epidemic: Part 1–What Is It?
Epidemic: widely prevalent 
So this is what we are dealing with. Something that is happening everywhere.
If you have read the introduction to my series on the foreclosure epidemic that was described in the Chicago Tribune, you know that Becky Yerak described the spread of foreclosures as an epidemic.
So, yes, the basic definition is widespread and prevalent, but of course it also has the connotations of the spread of infection and disease.
I think both meanings are appropriate.
For those who have gone through the pain of a foreclosed home, the emotional disease metaphor rings true. Not only does the problem spread but also the affects hurt everyone equally. Pain, suffering, tragedy.
My next post will suggest why this end tragedy starts with the common dream that we (Americans) follow, many times, without thought and reason.

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