In recent days, Christopher Peterson, a professor of law at the University of Utah S.J. Quinney College of Law, has been quoted twice in national news outlets on the U.S. home foreclosure crisis.
On October 8, The Washington Post quoted Peterson on Mortgage Electronic Registration Systems (MERS), a company that helped banks, lenders and mortgage providers during the housing boom by electronically reassigning loans. MERS simplified the transfer process on behalf of its clients, but critics charge that the company failed to adequately record its transactions.
The Washington Post article, including Peterson’s comments, can be read here.
On October 9, Peterson was also interviewed by The Wall Street Journal on the same subject. That story is accessible here (a subscription is required).