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<h1 class="entry-title">Anti-Foreclosure Groups Target Governor’s Home Monday August 6th</h1><p><span class="entry-date">August 3, 2012</span> <span class="entry-author">by Nathan</span> | <a href="http://occupysac.com/anti-forec%e2%80%8blosure-groups-target-governors-home-monday-august-6th/#respond" title="Comment on Anti-Foreclosure Groups Target Governor’s Home Monday August 6th">0 comments</a></p>
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<div class="single-entry-content"><p><span style="text-decoration: underline;"><strong>URGENT NEWS ADVISORY</strong></span><br>
Friday/August 3, 2012</p>
<h3>Governor’s Home Targeted Monday for Round-the-Clock Vigil;
Homeowners, Occupy and Foreclosure Groups Demand Moratorium to Save
California Homeowners</h3><p>SACRAMENTO – Governor Brown’s loft residence has been targeted –
beginning Monday (August 6) – for a round-the-clock, day and night vigil
with no announced end time designed to pressure the Governor to declare
a statewide foreclosure moratorium and save Californians’ homes.</p><p>The vigil begins Monday (August 6) at 9:30 a.m. at the corner of 16th
& J Streets, where Brown has his loft residence, according to
Occupy groups and distressed homeowners from around the state. The
Occupy Sacramento Foreclosure Team issued this statement:</p><p>“On Monday, we will begin a vigil with no end date in front of the
Governor’s Sacramento home on behalf of the millions of Californians who
have lost their homes or are facing the loss of their homes through
foreclosure, and other distressed property actions. We want the governor
to use his executive power to declare a state of fiscal emergency and
an immediate foreclosure moratorium.</p><p>“Stopping the foreclosure tsunami would help California homeowners,
save our communities, and ultimately boost our economy. It would also
give homeowners time to take advantage of the Homeowner Bill of Rights,
which doesn’t go into effect until January 1, 2013. A moratorium would
give more homeowners the ability to take advantage of future programs
and policy changes, and a fighting chance at keeping their homes.”</p><p>· Nearly 2 million California homeowners have been foreclosed on since 2008<br>
· Seven out of the nation’s 10 metropolitan communities with the highest foreclosure rates<br>
· Californians have lost $424 billion in wealth due to declining real estate values since 2008<br>
· Foreclosures have devastated California’s economy, causing businesses to fail and workers to lose jobs on a massive scale.</p><p>Foreclosures cause a ripple effect: foreclosed homeowners have less
money to spend in their communities, which hurts local businesses who
lay-off employees or cut their hours. Workers then pay less in taxes,
and governments are forced to make cuts in services. Local governments
have lost $17 billion in reduced revenue and additional costs, causing
steep cuts in public services.</p><p><a href="http://www.facebook.com/OccupySacramento"><img class="aligncenter" title="stop forclosures" src="http://occupysac.com/wp-content/uploads/2012/06/stop-forclosures.jpg" alt="" height="253" width="308"></a></p></div></article></div></div></div></body></html>