SAN FRANCISCO, CA – October 22, 2009 – (RealEstateRama) — Mortgage counseling agencies will receive $2.6 million to hire more counselors over the next two years, and help the hundreds of thousands of California homeowners facing interest rate resets and the threat of foreclosure. The California Reinvestment Coalition (CRC), along with financial institutions and two foundations, today announced grant awards to 40 nonprofit mortgage counseling agencies through the California Home Ownership Preservation Initiative to help them better respond to the overflow of clients their offices are serving
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