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 Councilapproves the measure, which they say would burden lenders, discourage mortgage lending and drive up interest rates....

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The Madison/Bond County Foreclosure Mediation Program

What: A circuit-court based program that sets up mediation sessions between homeowners and lenders to stop foreclosures

When: Began in June

How many: The program has helped 19 homeowners keep their homes

Who: Eligible homeowners are notified when they receive their foreclosure court documents