Relevant:
- St. Louis County Approve Foreclosure Mediation Measure - Webster Groves, MO Patch
- County Passes Foreclosure Mediation Bill - Sunset Hills-Crestwood, MO Patch
- Foreclosure Mediation Bill Passed by St. Louis County - Town and Country-Manchester, MO Patch
- Bill to End Foreclosure Mediation In Missouri Passes... Wake Up, Missouri
- Solutions, not excuses, needed in foreclosure mediation stalemate
2012-08-28 — stltoday.com
The mortgage industry is in an uproar over a proposal that would require banks to participate in professional mediation before foreclosing on St. Louis County homeowners.
Bankers predict big problems if the St. Louis County Council approves the measure, which they say would burden lenders, discourage mortgage lending and drive up interest rates.
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