Author name: Ricky Vasquez

Rising foreclosures signal growth in Texas, Florida loss mitigation

Residential loan servicers and asset managers are facing a sharp rise in defaulted properties across the Sun Belt, as new data from Attom shows foreclosure filings jumping over 10% year-over-year in July. The distress is heavily concentrated in Texas and Florida, which led the nation in both new foreclosure starts and completed bank repossessions, creating

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Cook denies ‘intentional wrongdoing’ as Trump seeks ouster

Key takeaway: Federal Reserve Gov. Lisa Cook pushed back against the Trump administration’s second attempt to oust her. In a formal filing responding to the White House, Cook’s attorney argued that “an inadvertent error is not fraud.”  Expert quote: “The President clearly recognizes that making such a mistake does not render a person — not

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