Seminar Will Review Mortgage Crisis Ethics Issues

Tuesday, January 1, 2008 - 01:00

The New York City Bar Association has scheduled a CLE seminar titled Ethical Issues in the Subprime Mortgage Lending Arena: What Lawyers Need to Know.

The program will take place on Thursday, January 31 from 5:30 to 7:30 p.m. at the House of the Association, 42 West 44th Street, New York City.

Panelists will describe through the use of hypotheticals certain practices associated with predatory lending in the subprime mortgage market and discuss ethical issues for lawyers. The panel will cover such issues as the distinction between subprime and predatory lending, ethical considerations under the ABA Model Rules of Professional Conduct for lawyers representing borrowers or loan originators, and what a lawyer should do if he or she detects fraud on the part of a client.

The program chair is Kathleen A. Scott, White & Case LLP. The moderator is Thomas C. Baxter Jr., general counsel and executive vice president of the Legal Group, Federal Reserve Bank of New York.

For information on registration fees and CLE credits, see the Bulletin Board on The Metropolitan Corporate Counsel website at www.metrocorpcounsel.com.

For reservations, call (212) 382-6663 or visit www.nycbar.org.