People nowadays seem to be getting closer and closer to foreclosures. In the state of Missouri, agencies such as Catholic Charities have taken steps to help delinquent borrowers.
Missouri's Attorney General has announced that there will be no moratorium on bank foreclosures in Kansas City and the whole state, stating that such an action will harm the area's economy.
HUD foreclosed properties and other types of foreclosures rose in Saint Louis in January. The area's foreclosure-related filings jumped from the previous month.