Hundreds of people in Joplin have mortgages on buildings that no longer exist. A meeting in Jefferson City today could determine how mortgage servicing companies treat them.
Attorney General Chris Koster has invited representatives of Missouri’s most important banks to a meeting in his office this afternoon to talk about what can be done to help the financial lives of Joplin resident. He hopes the meeting finds a way to keep people dealing with putting their lives together some slack in dealing with mortgages.
He says some financial institutions have better disaster protocols in place than others. Koster hopes the entire service industry can agree on a common procedure.