The Missouri Eastern District Court of Appeals allowed for an injunction to halt a St. Louis County ""ordinance"":http://dsnews.comarticles/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://dsnews.comarticles/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]