Texas Attorney General Greg Abbott has charged Coppell, Texas-based American Home Mortgage Servicing Inc. (AHMS) with using illegal debt collection tactics and improperly misleading struggling homeowners. According to state investigators, AHMS collections agents used aggressive and unlawful tactics to collect payments from Texas homeowners who had difficulty meeting their payment obligations. The defendant also failed to credit homeowners who properly submitted their payments on time.Read more

Peter Brown has joined Southwest Securities FSB, the commercial banking subsidiary of SWS Group Inc., as senior vice president, director of special assets. Brown brings 20-plus years of experience in the banking industry to his new role with Southwest Securities. Over the course of his career, he has built an extensive track record of success overseeing special asset and risk management functions. He has held senior level positions with Capital One, Comerica Bank–Texas and BancTexas, Dallas, NA.Read more