Foreclosure Auction Protest on Thu, Feb 9

February 7, 2012 in Uncategorized

Thursday, February 9 at 10:30am, Webb Building, 201 W. Colfax.

Join Occupy Denver in solidarity with Colorado Progressive Coalition, as we rally to protest the auction of homes that could have been saved if the loans were modified. These homes in many cases are being stolen out from under struggling families and we want to support those whose homes are on the chopping block every Thursday to be auctioned off inside the Webb Building.

We’re rallying against the crooked lending practices that led to many of these home foreclosures, but we’re also rallying for some of the legislation proposed by the Colorado Progressive Coalition, including Senate Bill 71, to make foreclosure a last resort: The foreclosure system is biased toward foreclosure rather than loan modifications. Loan modifications are much less costly than foreclosures and they contribute to our economy as a whole. With 20% of homeowners underwater in Colorado, we need to keep more families in their homes to help stabilize the housing market for everyone! We’ll also be rallying in support of House Bill 1156, which would increase transparency and accountability for lenders.

Banks got bailed out, and homeowners got sold out. Come join us and other 99 per-centers, as we say ENOUGH!

We are the 99%, and we will be heard.