October 12, 2009: Foreclosure Intervention Counseling Peer Convening

Nearly 100 mortgage counselors from 40 agencies across California are gathering Oct. 13-14 in Sacramento for an in-depth, peer-to-peer exchange on current best practices for foreclosure intervention. The convening, co-sponsored by CRC, the Rural Community Assistance Corporation and NeighborWorks America, is an opportunity to share lessons and successes while continuing to build a network of foreclosure intervention counselors working in California.

The California Homeownership Preservation Initiative (CHOPI) is a partnership between 10 financial institutions, two foundations and CRC to provide $2.6 million to support foreclosure intervention efforts. Mortgage counselors play a critical role in stemming the tide of foreclosures that is sweeping California. The Initiative is one piece of an effort to help homeowners in trouble find solutions and neighborhoods stay whole.