The practice of subprime mortgage lending is the topic of an afternoon conference Monday, February 25, at the University of Utah S.J. Quinney College of Law.
“Subprime Meltdown: The Law and Finance of the American Home Mortgage Foreclosure Crisis” will be held from 3:30 to 6 p.m. in the college’s Sutherland Moot Courtroom. A reception will precede the conference at 3 p.m. The event is free, and the public is invited to attend.
“The United States’ home mortgage market is in a state of upheaval,” says conference organizer Christopher L. Peterson, professor of law at the Quinney College who has previously been on the faculty at the Frederic G. Levin School of Law at the University of Florida. “Nationally, more than two million American families are in the process of losing their homes to foreclosure.” Policy makers now face hard lessons about the efficacy of the subprime mortgage capital system, he notes, and tough choices about how government should intervene in this market in the future. The symposium draws on some of the nation’s leading mortgage lending and subprime capital market scholars to present a broad range of views on how the legal system should respond to the current crisis.
In addition to Peterson, participants include:
G. Marcus Cole
Wm. Benjamin Scott and Luna M. Scott Professor of Law
Stanford Law School
Professor of Law
Michael E. Moritz College of Law
The Ohio State University
Katherine M. Porter
Associate Professor of Law
University of Iowa College of Law
Steven L. Schwarz
Stanley A. Star Professor of Law and Business
Duke University School of Law
The conference is offered for 2.5 hours of free CLE credit.