Occupy Our Homes Day of Action

December 6, 2011 - 7:45pm

On December 6th, 2011, Occupy Wall Street and community-based organizations across the country will stand together with homeowners facing foreclosure to challenge the banks to write down underwater mortgages to market values.  While "principal reduction" is an incomplete response to the housing crisis for the rent-burdened, the unemployed, the underpayed and the dispossessed, it is also provide necessary relief for many families hard-hit by the foreclosure crisis - many targeted by banks in pursuit of quick profits for risky and predatory loans.  Indeed, if no action is taken, experts project 8-10 million more families will loss their homes, in addition to the 10 million that already have!  Find out more at OccupyOurHomes.org.