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Missouri Legislature moves to drop mediation for foreclosed homeowners

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a bill that would abolish mandatory foreclosure mediation in St. Louis and St. Louis County.St. Louis and St. Louis County "created chaos" for the banking industry by writing their own real estate loan rules, said Sen. Mike Cunningham, R-Rogersville. He said banking laws need to be uniform statewide.The local mediation requirements in St. Louis and St. Louis County let homeowners demand ...

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