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FNMA LL-2013-09 Confirmation of 2014 Conventional Loan Limits

On November 26, Fannie Mae released Lender Letter LL-2013-09, subtitled Confirmation of Conventional Loan Limits for 2014.

27 Nov 2013

Freddie Mac Extends Mortgage Relief to IL Homeowners Impacted by Tornadoes

On November 27, Freddie Mac released an update titled Freddie Mac Immediately Extends Mortgage Relief to Illinois Homeowners Impacted by Tornadoes.

27 Nov 2013

Cuyahoga Land Bank and HUD Renew Ground Breaking Agreement

On November 26, the Cuyahoga Land Bank issued a press release titled Cuyahoga Land Bank, HUD Renew Ground Breaking Agreement.

26 Nov 2013

FHA SF Housing Policy Handbook FAQs

On November 25, the U.S. Department of Housing and Urban Development (HUD) released FAQs to the Single Family Housing’s Policy “Drafting Table”, which was released at the end of October.

26 Nov 2013

FHLMC Guide Bulletin 2013-24 Helping Borrowers Avoid Foreclosures

On November 25, Freddie Mac released Guide Bulletin 2013-24, which announces servicing updates that help more borrowers avoid foreclosure.

26 Nov 2013

FNMA SVC-2013-23 Delinquency Management; Servicing Responsibilities

On November 25, Fannie Mae released Servicing Guide Announcement SVC-2013-23, subtitled Delinquency Management and Other Servicing Responsibilities.

26 Nov 2013

FEMA Declared Disaster Area Pennsylvania

On November 22, FEMA issued an update to a Presidential Major Disaster Declaration for areas in the Commonwealth of Pennsylvania as a result of severe storms, tornadoes, and flooding during the period of June 26 to July 11.

25 Nov 2013

FNMA Servicing Notice Approving Mortgage Loan Modifications; HSSN

On November 22, Fannie Mae released a Servicing Notice subtitled Approving Mortgage Loan Modifications and Entering Cases into HomeSaver Solutions™ Network.

25 Nov 2013

HUD Directive Rescinding MCB Demand Letters

On November 13,  the U.S. Department of Housing and Urban Development (HUD) issued a directive on Demand Letters sent by Michaelson, Connor and Boul (MCB) regarding repayment of amounts associated with servicers failing to meet reasonable diligence timeframes.  These Demand Letters are being rescinded until further notice. Please click here to view the online directive. […]

25 Nov 2013

Fannie Mae and Freddie Mac Attract Investors

On November 21, The Washington Post published an article titled Fannie Mae, Freddie Mac Attract Investor Groups.

22 Nov 2013

US Banking Committee Statement on Housing Finance Reform

On November 21, the United States Senate Committee on Banking, Housing, & Urban Affairs held a hearing titled Housing Finance Reform: Powers and Structure of a Strong Regulator.  Both Chairman Tim Johnson and Ranking Member and U.S. Senator Mike Crapo gave statements as prepared for delivery.

22 Nov 2013

FEMA Declared Disaster Area New Mexico

On November 20, FEMA issued an update to a Presidential Major Disaster Declaration for areas in New Mexico as a result of severe storms and flooding during the period of July 23-28.

21 Nov 2013

FHFA GC Releases Statement on Housing Finance Reform

On November 21, the Federal Housing Finance Agency (FHFA) released a statement by FHFA General Counsel Alfred M. Pollard, titled Housing Finance Reform: Powers and Structure of a Strong Regulator.

21 Nov 2013

Eminent Domain Proposals Spread in Hardest-Hit Communities

On November 18, HousingWire published an article titled Eminent Domain Proposals Spread in Hardest-Hit Communities.

19 Nov 2013

MI Governor Snyder Meets With HUD on Detroit Blight

On November 15, The Detroit News published an article titled Snyder Meets With HUD Chief on Detroit Blight, Development.

19 Nov 2013

More Cities Considering Eminent Domain to Halt Foreclosures

On November 15, The New York Times published an article titled More Cities Consider Using Eminent Domain to Halt Foreclosures.

19 Nov 2013

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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