Peterson Quoted in Washington Post on MERS, Foreclosure Crisis

Christopher Peterson, a professor of law at the University of Utah S.J. Quinney College of Law, was quoted in the December 2 edition of The Washington Post in an article about the foreclosure crisis.

Peterson was one of several experts—others included a state judge and consumer attorneys—to testify before Congress on the issue of whether banks have in some cases been foreclosing on borrowers even when they don’t have the legal authority to do so.

Peterson described MERS as a “deceptive” and anti-demoratic” institution, because non-employees sign paperwork in its name, according to the article.

“How is a homeowner to understand with whom they can negotiate a settlement, or from whom to obtain additional information or how to distinguish a legitimate employee from the thousands of mortgage related con artists and charlatans?” Peterson asked.

The Washington Post article is accessible here.