"Leaf mold" isn't a standard diagnosis for redbud. The yellowing and heavy leaf drop you describe, especially after a wet season, points to powdery mildew (Microsphaera or Phyllactinia species) or possibly anthracnose.
Redbuds often defoliate heavily from mildew but refush and survive. The nurseries were right—it's rarely fatal. Focus on prevention next spring.
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