Every week, foreclosed homes are sold at auctions across the country. Many of the families who live in these homes were victims of predatory loans and deceptive banking practices, but now face imminent evictions from some of the biggest culprits of financial fraud in the banking and mortgage industry. Others will have their house bought out by speculators, who are looking to flip properties, or gentrify new neighborhoods.
The People's Bail Out aims to protect the communities most affected by this kind of vulture profit-making. We are instituting a moratorium on foreclosures, one auction at a time.
Produced by O4O and Housing is a Human Right (housingisahumanright.org)
