On November 8, Christopher Peterson, a professor of law at the University of Utah S.J. Quinney College of Law, will speak on the state of the foreclosure crisis and analyze the legal issues and concerns behind banks’ efforts to foreclose on problem mortgages. The presentation, titled “Foreclosure Fiasco? Lost Promissory Notes and the Mortgage Electronic Registration System,” will run from 12:15 to 1:30 p.m.
Recently, banks have found themselves in legal quandaries in their efforts to foreclose on the extraordinary number of problem mortgages. In particular, attention has been focused on the poor documentation practices of these banks and on their reliance on the Mortgage Electronic Registration Systems, Inc., commonly referred to as “MERS.” Peterson’s leading research on these topics has received national attention from The New York Times, the Washington Post, and in Congress. His presentation will discuss the state of the foreclosure crisis and analyze the legal issues and concerns behind the banks efforts to foreclose.
The program will be held in the College’s Sutherland Moot Courtroom from 12:15 to 1:30 p.m. and will also be accessible via webcast on the College’s dashboard. Peterson’s talk will be followed by comments from Steven Ramirez, a professor of law at the Loyola University Chicago School of Law. A light lunch will be provided after the discussion. Parking is available in the Rice-Eccles Stadium parking lot.
The event is free and open to the public.
Prof. Peterson’s scholarly papers on the subject may be downloaded free of charge from the Social Science Research Network: