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State: Budgetary restraints delay Roswell Escrow receivership

Copyright © 2021 Roswell Daily Record A receivership to manage Roswell Escrow Services Inc. and its assets has not been set up yet primarily because of budgetary constraints and staff shortages and turnovers affecting the New Mexico Regulations and Licensing Department and its Financial Institutions Division, according to a report filed with the New Mexico First Judicial District Court on Feb. 12. Kevin Graham, a lawyer for the Regulation and Licensing Department, and Lucas Williams, the lawyer for the co-owners and officers of Roswell Escrow Services Inc., provided a joint status report to update the court on the case, which is now before Judge Bryan Biedscheid.

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