Rep. Alan Grayson says: "There is a well-documented wave of foreclosure fraud sweeping the country...It's long past time to halt this blatantly illegally activity."

JOIN GRAYSON'S CALL -- sign the petition to federal regulators and lawmakers:

"Nobody should lose their home because of illegal foreclosure fraud by banks. We need a federal freeze on foreclosures until this mess is investigated and solved."

The new Financial Stability Oversight Council has the power to freeze foreclosures. We'll give your signature and thousands of others to Grayson, to help him persuade those regulators to act.

Watch the ABC report below -- and add your name to the right.

ABC News