DS News

DS News December 2020

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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Page 27 of 100

26 L E G A L P R O V I D E R S TWO INDUSTRY VETERANS LEAD LAW FIRM'S EXPANSION Philadelphia, PA-based Brock & Scott, PLLC, announced the expansion of its default law practice into Pennsylvania and New Jersey. Rosemarie Diamond and Jay Jones, two recognized industry veterans with a combined 45-plus years protecting creditors' rights in the states of Pennsylvania, New Jersey, Georgia, and Florida, have joined Brock & Scott, according to a press release from the firm. Diamond will serve the firm as the Managing Partner of the Pennsylvania and New Jersey practices. Jones will be the Managing Partner of the national bankruptcy practice and work closely with Diamond in Pennsylvania and New Jersey. Bringing Diamond and Jones into the partnership and leadership group of Brock & Scott creates a tremendous advantage for its roster of clientele, according to the press release. e addition of new office locations and operations in Pennsylvania and New Jersey allows Brock & Scott to enhance their coverage and service to clients across most of the eastern United States. Founding Partner Greg Scott commented that "we look forward to expanding our proficient level of service and quality performance for our clients in Pennsylvania and New Jersey who have worked directly with Rosemarie and Jay in the past and know the results that Brock & Scott has consistently delivered across our footprint. Both have built an impressive list of relationships and clients within our industry while managing foreclosure and litigation work in Georgia, Florida, Pennsylvania, and New Jersey, along with national bankruptcy coverage for many years. REMEMBERING FDIC'S FIRST CHIEF ECONOMIST Following a four-year battle with brain cancer, Dr. Richard Alan Brown, 58, died November 8. e Ashburn, Virginia, resident served as the first Chief Economist at the Federal Deposit Insurance Corporation (FDIC), where, according to an obituary on the Adams-Green Funeral Home site, "he was an integral part of the agency's response to e Great Recession in the late 2000s." "Rich was the consummate professional, with an accomplished career that set him apart from others, and yet, he never allowed his status to change the manner in which he engaged others," said Andrea Riche, Chief, International Affairs, FDIC. "He was a kind, honest, and encouraging man with an unparalleled ability to find solutions to problems and get things done." Brown frequently spoke to bankers and other trade groups about the economy, and he was a source sought-after by the Wall Street Journal, Business Week, CNBC, and other media outlets for insight, according to his bio on the FDIC's website. From 2018-2019, Brown served on the White House Council of Economic Advisors, where he specialized in financial regulation and managed that part of the Economic Report of the President. ose close to Brown say the savings and loan crisis of the 1980s "propelled him into a career in public service." Ed Delgado, Chairman, Five Star Global, told DS News, "To say that Rich was respected and beloved by his colleagues, at the FDIC and abroad, would be an understatement." According to the tribute to Brown, his family believes his cancer possibly resulted from exposure to debris at the World Trade Center on 9/11. "at morning, Rich was at a conference on the ground floor of the Marriott World Trade Center while his wife and two oldest sons were in their hotel room on the 15th floor," according to the tribute. "Rich knew exactly where to meet his family on their way down the stairs and safely escorted them to battery park in lower Manhattan before the collapse of the south tower." In his personal life, Brown was a fan of cycling, history, and baseball. He is survived by his wife of 31 years, Catherine Brown, and four adult sons "Rich was the consummate professional, with an accomplished career that set him apart from others, and yet, he never allowed his status to change the manner in which he engaged others." —Andrea Riche, Chief, International Affairs, FDIC Movers & Shakers Got something to share with us? Send it to Editor@DSNews.com. I N M E M O R I U M

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