Until Congress Acts: Freeze Foreclosures

Penny Saldovar had a lot going for her. She had a nice house, and a beautiful family. Then Hurricane Ike roared through the Gulf. Penny’s house was spared, but not completely. When the storm dissipated, Penny’s home had been damaged to the tune of an estimated $18,000. Insurance covered some of the costs of repair but not enough. In her efforts to repair her home, Penny fell behind on her mortgage. Today she is still making payments but she is three months behind, and at risk of foreclosure. Penny and her family are exactly the kind of people who will be saved when congress enacts something like President Obama’s plan - if they still have their home.

Over the past few weeks, I’ve been working on the Fighting For Our Homes Campaign, helping to collect stories of the people across the country who are facing foreclosure. Penny in Texas, Meagan in California, Debra in Pennsylvania, Maria in Arizona, William and Barbara in Florida and many, many more may fall victim to the crisis in the days and weeks before help arrives. We can’t let that happen.