Winning the Fight Against Foreclosures

Join the fight to stop needless foreclosures. Together, we can restore wealth and keep families in their homes.


Millions of Americans’ homes are foreclosed or underwater. The banks refuse to negotiate fairly. But now communities are fighting back with a local solution.

Here’s how: We’re wresting control from big Wall Street banks and restoring our communities’ wealth with innovative solution to keep struggling families in their homes: Local Principal Reduction (LPR).

In a Local Principal Reduction program, the city works with private investors to acquire a set of the worst, hardest to fix underwater mortgages (called “Private Label Securities” or PLS) and refinances them to restore home equity. (See the video below.)

If banks refuse to cooperate, cities may use their legal authority of eminent domain to buy the bad mortgages at fair market value and then reset them to current value.

Local Principal Reduction has been pioneered in Richmond, California, and is gaining traction across the country. Wall Street lobbyists are using scare tactics to try to block LPR programs.

Here's where you come in. We’ve got the people and communities. But we need funds to keep fighting. Anything you can give helps, even $5.

There are roughly 10,000,000 underwater homeowners in the United States. If we all chip in we can win. JOIN US!

The REAL Nightmare on Elm Street

Here's how Local Principal Reduction can fix some of the most toxic loans and benefit everyoneCLICK HERE to help.

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$20,643.76 raised
goal: $50,000.00

Every Dollar Helps. This is How:

$5

Join the campaign to restore our neighborhoods.

If every underwater homeowner gave this much we'd have the money to beat Wall Street lobbyists and save communities across the country.


$25

Spread the Word

This amount will purchase enough leaflets to inform 500 underwater homeowners about how to fight back.


$50

Phone It In 

This amount will purchase supplies for a volunteer phone bank to organize a rally to stop foreclosures.


$100

Become a Home Defender

Help a local community organization launch a campaign to save a family's home from unjust foreclosure.


$250

Walk the Walk

This amount will help fund supplies for a door-to-door canvass in a neighborhood harmed by foreclosures.


$1,000

Adopt an Organizer

who will rally a whole neighborhood and meet with local elected officials to stand against foreclosures.


$5,000

Sponsor a Homeowner Justice Academy

to train a new corps of volunteers in a city harmed by foreclosures and help spread the movement to save homes nationally. 


$10,000

Put a new city on the map

With this donation level we will begin a Local Principal Reduction campaign in a new city being harmed by unjust foreclosures due to PLS mortgages.