Safeguard Properties

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FEMA Declared Disaster Mississippi

FEMA issued an update to a Presidential Major Disaster Declaration for areas in Mississippi affected by severe storms, flooding and mudslides that took place February 10-18, 2020.

25 Jun 2020

5.8 Magnitude Earthquake Strikes California, Shaking Felt in L.A. and Vegas

AccuWeather published a report outlining earthquake activity that originated approximately 12 miles from Lone Pine, Calif.

24 Jun 2020

FHFA: Foreclosure Prevention Report – First Quarter 2020

The Federal Housing Finance Agency (FHFA) issued its first quarter 2020 Foreclosure Prevention, Refinance and FPM Report.

23 Jun 2020

Property Damage Results from Civil Protests

As details continue to be made available regarding instances of property damage resulting from civic protests across the country, a listing of identified commercial structures sustaining associated damage has been compiled.

18 Jun 2020

CFPB: Program Launched to Improve Compliance

The Consumer Financial Protection Bureau (CFPB) launched a pilot advisory opinion program to publicly address regulatory uncertainty in its existing regulations.

18 Jun 2020

VA: VALERI Servicer Newsflash

The U.S. Department of Veterans Affairs (VA) issued a release containing a number of updates relevant to servicers. Included is guidance relating to North Carolina pre-foreclosure notice of hearing and Colorado foreclosure sales.

18 Jun 2020

Fannie Mae: AAA Matrix Update – June 2020

Fannie Mae announced that nine AAA matrices have been updated effective June 17, 2020. The announcement reflects a detailed list of updates made by jurisdiction.

17 Jun 2020

Legislation Proposes National Land Bank Network Creation

On June 4, 2020, H.R. 7103 (To direct the Neighborhood Reinvestment Corporation with respect to the establishment of a national land bank network, and for other purposes) was referred to the House Committee on Financial Services.

16 Jun 2020

OCC: Mortgage Performance Remains Stable

The Office of the Comptroller of the Currency (OCC) issued its first quarter 2020 Mortgage Metrics Report.

16 Jun 2020

Herkimer County to Withdraw from Land Bank

The Utica Observer-Dispatch published an article discussing a recent decision by Herkimer County, N.Y., to withdraw from the Greater Mohawk Valley Land Bank.

12 Jun 2020

MHA: HAMP Update: System Maintenance Outage

Making Home Affordable (MHA) issued an update outlining scheduled system maintenance scheduled for June 26-29, 2020.

11 Jun 2020

Dutchess County Creating Joint Land Bank with City of Poughkeepsie

The Poughkeepsie Journal published an article outlining a recently approved plan by the New York State Legislature for the creation of a joint land bank between Dutchess County and the City of Poughkeepsie.

11 Jun 2020

Cristobal Expected to Hit Gulf Coast as Tropical Storm

The Weather Channel issued a report providing updates on the system formerly known as Tropical Storm Cristobal, which has crossed into Canada after making a historic northwestern trek.

10 Jun 2020

Fannie Mae: SVC-2020-02: Servicing Guide Update

Fannie Mae issued a release announcing a number of updates relevant to servicers. Included are changes to pre-modification housing expense-to-income ratio calculation for imminent default and cash contribution, updated instructions to servicers regarding escrow shortages that are part of the full monthly contractual payment, and an update to the Mortgage Assistance Application (Form 710).

10 Jun 2020

VA: Circular 26-20-21: Property Inspection Requirements on CARES Act Forbearance Cases

The U.S. Department of Veterans Affairs (VA) issued a circular clarifying inspection requirements for properties purchased with VA guaranteed loans where the borrowers have been impacted by Coronavirus Disease 2019 (COVID-19).

8 Jun 2020

States Most At Risk for Natural Disasters in 2020

ValuePenguin published a report outlining the top 10 U.S. states at risk for natural disasters. The report also states that 2020 is on pace to be the year with the most federally declared disasters in history.

8 Jun 2020

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CEO

Alan Jaffa

Alan Jaffa is the Chief Executive Officer for Safeguard Properties, steering the company as the mortgage field services industry leader. He also serves on the board of advisors for SCG Partners, a middle-market private equity fund focused on diversifying and expanding Safeguard Properties’ business model into complimentary markets.

Alan joined Safeguard in 1995, learning the business from the ground up. He was promoted to Chief Operating Officer in 2002, and was named CEO in May 2010. His hands-on experience has given him unique insights as a leader to innovate, improve and strengthen Safeguard’s processes to assure that the company adheres to the highest standards of quality and customer service.

Under Alan’s leadership, Safeguard has grown significantly with strategies that have included new and expanded services, technology investments that deliver higher quality and greater efficiency to clients, and strategic acquisitions. He takes a team approach to process improvement, involving staff at all levels of the organization to address issues, brainstorm solutions, and identify new and better ways to serve clients.

In 2008, Alan was recognized by Crain’s Cleveland Business in its annual “40-Under-40” profile of young leaders. He also was named a NEO Ernst & Young Entrepreneur Of The Year® Award finalist in 2013.

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Esq., General Counsel and EVP

Linda Erkkila

Linda Erkkila is the General Counsel and Executive Vice President for Safeguard Properties, with oversight of legal, human resources, training, and compliance. Linda’s broad scope of oversight covers regulatory issues that impact Safeguard’s operations, risk mitigation, strategic planning, human resources and training initiatives, compliance, insurance, litigation and claims management, and counsel related to mergers, acquisition and joint ventures.

Linda assures that Safeguard’s strategic initiatives align with its resources, leverage opportunities across the company, and contemplate compliance mandates. She has practiced law for 25 years and her experience, both as outside and in-house counsel, covers a wide range of corporate matters, including regulatory disclosure, corporate governance compliance, risk assessment, compensation and benefits, litigation management, and mergers and acquisitions.

Linda earned her JD at Cleveland-Marshall College of Law. She holds a degree in economics from Miami University and an MBA. Linda was previously named as both a “Woman of Influence” by HousingWire and as a “Leading Lady” by MReport.

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COO

Michael Greenbaum

Michael Greenbaum is the Chief Operating Officer of Safeguard Properties, where he has played a pivotal role since joining the company in July 2010. Initially brought on as Vice President of REO, Mike’s exceptional leadership and strategic vision quickly propelled him to Vice President of Operations in 2013, and ultimately to COO in 2015. Over his 14-year tenure at Safeguard, Mike has been instrumental in driving change and fostering innovation within the Property Preservation sector, consistently delivering excellence and becoming a trusted partner to clients and investors.

A distinguished graduate of the United States Military Academy at West Point, Mike earned a degree in Quantitative Economics. Following his graduation, he served in the U.S. Army’s Ordnance Branch, where he specialized in supply chain management. Before his tenure at Safeguard, Mike honed his expertise by managing global supply chains for 13 years, leveraging his military and civilian experience to lead with precision and efficacy.

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CFO

Joe Iafigliola

Joe Iafigliola is the Chief Financial Officer for Safeguard Properties. Joe is responsible for the Control, Quality Assurance, Business Development, Marketing, Accounting, and Information Security departments. At the core of his responsibilities is the drive to ensure that Safeguard’s focus remains rooted in Customer Service = Resolution. Through his executive leadership role, he actively supports SGPNOW.com, an on-demand service geared towards real estate and property management professionals as well as individual home owners in need of inspection and property preservation services. Joe is also an integral force behind Compliance Connections, a branch of Safeguard Properties that allows code enforcement professionals to report violations at properties that can then be addressed by the Safeguard vendor network. Compliance Connections also researches and shares vacant property ordinance information with Safeguard clients.

Joe has an MBA from The Weatherhead School of Management at Case Western Reserve University, is a Certified Management Accountant (CMA), and holds a bachelor’s degree from The Ohio State University’s Honors Accounting program.

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Business Development

Carrie Tackett

Business Development Safeguard Properties