California to Retrain Laid-off Mortgage Workers

February 22, 2008 – 4:21 am

California Governor Arnold Schwarzenegger has announced a massive program to address a number of aspects of the housing slump in the state which has probably been harder hit by its effects than any other.

The various initiatives will use a variety of state and federal funds including a $5.6 million federal grant to retrain mortgage and banking industry workers laid off as a result of the mortgage crisis...

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