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Media Advisory
October 17, 2007
Contact:
Oroma Mpi (City Bar), 212-382-6713

New York City Bar Association to host:
The Crisis in Subprime Lending

When: Monday, October 29, 2007; 6 p.m. - 8 p.m.
Where: New York City Bar Association, 42 West 44th Street (between 5th & 6th Avenues)
What: Panel discussion about the spike in foreclosures and regulation of the subprime lending industry

What Happened? Who Is At Fault? What Is The Solution? What Does The Future Hold? Subprime mortgage lending is in the papers every day. A spike in foreclosures has prompted calls for increased regulation in the subprime lending industry. Several subprime lenders have folded, investors are suing and effects in the mortgage industry are still unfolding. Hear a panel of experts talk about all aspects of the crisis in subprime lending.

Moderators:
ROBERT A. MARTIN
Associate Director, DC 37 Municipal Employees Legal Services

KATHLEEN A. SCOTT
Counsel, Bank Advisory Practice, White & Case LLP

Speakers:
MEGHAN FAUX
Co-Director, Foreclosure Prevention Project, South Brooklyn Legal Services

MARK WINSTON GRIFFITH
Co-Director, Neighborhood Economic Development Advocacy Project

KEN MARKISON
Senior Director and Regulatory Counsel, Mortgage Bankers Association

RICHARD H. NEIMAN
Superintendent of Banks, New York State Banking Department

WALTER E. ZALENSKI
Weil, Gotshal & Manges LLP

This program is co-sponsored by the NYC Bar Association Committee on Consumer Affairs, Robert Martin, Chair; and the Committee on Banking Law, Kathleen Scott, Chair.

Please RSVP to randi.singer@weil.com.

About the Association
The New York City Bar Association (www.nycbar.org) was founded in 1870, and since then has been dedicated to maintaining the high ethical standards of the profession, promoting reform of the law, and providing service to the profession and the public. The Association continues to work for political, legal and social reform, while implementing innovative means to help the disadvantaged. Protecting the public’s welfare remains one of the Association’s highest priorities.

 

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