Google+
  • Ocwen19.27-0.24 -1.23%
  • Zillow106.07-2.38 -2.19%
  • Trulia44.93-1.16 -2.52%
  • NationStar33.40+0.81 +2.49%
  • CoreLogic30.46+0.18 +0.59%
  • RE/MAX31.79+0.71 +2.28%
  • Fannie Mae2.34+0.06 +2.63%
  • Freddie Mac2.24+0.03 +1.36%
  • Wells Fargo51.20+0.60 +1.19%
  • CitiMortgage51.80+0.39 +0.76%
  • Bank of America16.72+0.12 +0.72%
  • Fidelity National Financial29.31+0.33 +1.14%
  • First American29.68+0.77 +2.66%
  • AUDUSD=X0.8795N/A N/A
  • USDJPY=X108.145N/A N/A
  • WP Stock Ticker
Home | News | Foreclosure | Missouri Appeals Court Grants Injunction Against Mediation Ordinance
Print This Post Print This Post

Missouri Appeals Court Grants Injunction Against Mediation Ordinance

The Missouri Eastern District Court of Appeals allowed for an injunction to halt a St. Louis County ""ordinance"":http://www.dsnews.com/articles/mediation-ordinance-in-st-louis-county-halted-after-temporary-restraining-order-2012-09-28 that requires banks to notify borrowers of their right to mediation before facing foreclosure.

The ""Mortgage Bankers Association of Missouri"":http://www.mbamo.org/ requested the injunction against the ordinance, which was ""first passed"":http://www.dsnews.com/articles/st-louis-county-passes-foreclosure-mediation-ordinance-2012-08-31 in August 2012.

The injunction was granted January 18. In an email to clients, ""South & Associates"":http://www.southlaw.com/?utm_source=Update+on+St.+Louis+County+Mediation+Ordinance_1-21-13&utm_campaign=St+Louis+County+Mediation+Ordinance+Update12-4-12&utm_medium=email announced it has confirmed the county counselor's office will not be enforcing the ordinance based on the court ruling. The firm also stated oral arguments for the issue will not likely be heard until late April.

[COLUMN_BREAK] [IMAGE]
Bookmark and Share

About Author: Esther Cho

Avatar of Esther Cho
This user has not filled out their bio!

Leave a Reply

Scroll To Top