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VALERI Servicer Newsflash

On December 3, the U.S. Department of Veterans Affairs (VA) released a VALERI Servicer Newsflash.

3 Dec 2014

Safeguard Properties Receives Medical Mutual Pillar Award

On December 3, Safeguard Properties announced that it has been named a recipient of a 2014 Medical Mutual Pillar Award for Community Service.

3 Dec 2014

FHA Extends Short Refi Program for Two More Years

On November 26, National Mortgage News published an article detailing the Federal Housing Administration’s extension of a principal reduction program through 2016.

2 Dec 2014

FHA #INFO 14-69 Increasing Use of FHA’s Claims Without Conveyance of Title Procedures

On November 26, the U.S. Department of Housing and Urban Development (HUD) released single family housing news and updates in FHA INFO #14-69.

2 Dec 2014

FHFA AB 2014-07 Oversight of Single-Family Seller/Servicer Relationships

On December 1, the Federal Housing Finance Agency (FHFA) released Advisory Bulletin AB 2014-07, titled Oversight Of Single-Family Seller/Servicer Relationships.

2 Dec 2014

Foreclosure Task Force Makes Recommendations

On November 24, the Albuquerque Journal published an article discussing the New Mexico Legislature created Foreclosure Process Task Force and the recommendations listed in its recently issued final report.

26 Nov 2014

Fannie Mae LL-2014-08 Confirmation of Conventional Loan Limits for 2015

On November 25, Fannie Mae released Lender Letter LL-2014-08, subtitled Confirmation of Conventional Loan Limits for 2015.

26 Nov 2014

MHA Update: SD 14-05 MHA Program Updates

On November 26, Making Home Affordable (MHA) released an update titled Supplemental Directive 14-05: Making Home Affordable Program-MHA Program Updates.

26 Nov 2014

Nevada Supreme Court Maintains Foreclosures of HOA Liens May Eliminate First Priority Deeds of Trust

On November 21, InfoBytes Blog (Buckley Sander LLP) posted an article titled Nevada District Court Bars Foreclosure Sale of First Lien HUD-Insured Mortgage.

 

25 Nov 2014

Fannie Mae to Sell Foreclosed Vacant Properties to Detroit Land Bank

On November 24, DS News published an article announcing the agreement of Fannie Mae to sell 44 foreclosed vacant properties to the Detroit Land Bank Authority as part of an effort to stabilize greater Detroit neighborhoods.

25 Nov 2014

CFPB Prepared Remarks of Richard Cordray

On November 20, the Consumer Financial Protection Bureau published a news release containing the prepared remarks of Director Richard Cordray at The Clearing House.

25 Nov 2014

FHFA Directs Fannie Mae and Freddie Mac to Change Requirement Relating to Sales of Existing REO

On November 25, the Federal Housing Finance Agency (FHFA) published a news release announcing its direction of Fannie Mae and Freddie Mac to alter one of their policies relating to the sale of real estate owned (REO) properties in their current inventory.

 

25 Nov 2014

FHFA Releases FHFA Strategic Plan for FY 2015-2019 and Performance and Accountability Report

On November 21, the Federal Housing Finance Agency (FHFA) published a news release announcing the release of the FHFA Strategic Plan: Fiscal Years 2015-2019.

25 Nov 2014

Up to 400 Jackson Homes Could be Demolished if City Receives $10.8 Million Grant From State

On November 18, mlive.com released an article discussing the possibility of Jackson, Michigan receiving a portion of grant funds from the Michigan State Housing Development Authority targeted at eliminating blight.

21 Nov 2014

CFPB Proposes Expanded Foreclosure Protections

On November 20, The Consumer Financial Protection Bureau (CFPB) published a news release announcing proposed measures that would expand foreclosure protections for mortgage borrowers.

21 Nov 2014

FHFA Announces Miami HARP Outreach Event Dec. 5

On November 19, the Federal Housing Finance Agency (FHFA) published a news release announcing its fourth event to reach homeowners who are eligible for the Home Affordable Refinance Program (HARP).

21 Nov 2014

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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