A new ordinance could offer struggling St. Louis City homeowners an option to help avoid foreclosure.
The program would extend a loan mediation process to any homeowner who requests it from their bank, just like the one passed two weeks ago in St. Louis County. Ignoring this request would cost a lender a $500 fine.
But, banks claim the laws violate state statutes prohibiting government intervention into the foreclosure process. They say it would mean fewer loans and increased costs.
Search ongoing for man who shot police officers overnight
St. Louis police are searching for a suspect who shot an officer in the arm. The 30-year-old officer was was not seriously injured. He returned fire and authorities aren't sure if the suspect was injured.
It happened about 1:30 a.m. Friday when the officer approached a man suspected in a recent robbery. Police say that as the officer neared the man, the suspect pulled out a gun and fired several rounds.
The $100 million project would be built on the north side of Busch Stadium and would contain space for retail stores, restaurants, an open-air event space with a retractable roof, and a St. Louis Cardinals Hall of Fame and Museum. Team President Bill DeWitt III says the project got sidetracked by the economic crisis that hit the country four years ago.