CLE PROGRAM: Focus On Mortgage Lending – How Did We Get Here?
J. Douglas Cuthbertson, Miles & Stockbridge P.C. Presented by: Subcommittee on Young Lawyers Co-Chairs: Suzanne R. Haley, Franzén & Salzano, P.C., Norcross, GA and Emily G. Miller, Hudson Cook, LLP, Hanover, MD Speakers: Thomas M. Hanson, Dykema Gossett, PLLC, Ann Arbor, MI; Lynette I. Hotchkiss, Hudson Cook, LLP, Hanover, MD; Jed Mayk, Blank Rome LLP, Philadelphia, PA Long-time committee members provided background information on topics that were covered in scheduled program meetings, including the history of mortgage lending and the new Reg Z/UDAP amendments, and participated in an informal Q&A. History of Mortgage Lending Mr. Hanson discussed the “History of the Mortgage, or, ‘How Did We Wind Up In This Mess?'” Beginning with the first “mortgages” in medieval England, Mr. Hanson traced the growth of mortgages in the United States. He described the first federal regulation of mortgages, the creation of the secondary mortgage market, the impact of the civil rights movement on the mort
