Archives For: Industry Updates

Acceleration Clauses in Foreclosure Actions: New Rules

The New York Law Journal released an article authored by Adam Leitman Bailey and Adam M. Swanson of Adam Leitman Bailey, P.C. The article discusses some of the benefits and pitfalls when using an acceleration clause in a mortgage foreclosure action.

7 Feb 2017

Appeals Court Reverses Self in Real Estate Case That Spawned Eight Amicus Briefs

The Daily Business Review (DBR) released an article discussing a recent decision by the State of Florida’s Fourth District Court of Appeal regarding the state’s lis pendens statute and its effect on liens recorded against properties being foreclosed upon.

6 Feb 2017

Breaking Down Blight

DS News published an article authored by Community Blight Solutions Founder and Chairman Robert Klein. In it, Klein discusses the use of polycarbonate clearboarding as a primary tool to secure vacant and abandoned properties in 2017.

6 Feb 2017

Junior Lienholders and Banks Need to Take Care to Timely File Claims for Surplus Funds

Dean Mead Attorneys at Law published an article authored by Attorney Joel C. Zwemer. The article reviews a recent decision by the Florida Fifth District Court of Appeals that addresses surplus funds from a foreclosure sale that may be used to pay junior liens and mortgage claims if a claim is submitted by the junior lienholder or mortgage holder within the time prescribed by statute.

6 Feb 2017

Mass. SJC Holds Omission of Post-Foreclosure Notice Did Not Void Foreclosure

The Consumer Financial Services Blog published a post by Maurice Wutscher Attorney Brady Hermann that discusses a recent Massachusetts Supreme Judicial Court affirmation of a lower court’s ruling.

6 Feb 2017

What’s So Special About a Foreclosure Special Proceeding?

Ward & Smith, P.A. published an article by Attorney Lance P. Martin that explores a recent North Carolina Supreme Court decision.

1 Feb 2017

Connecticut Looks to Address Crumbling Foundations

Numerous bills have been introduced in the Connecticut Legislature that focus on deteriorating concrete foundations and the contributing factor of a mineral known as pyrrhotite.

31 Jan 2017

First Responders Getting Past the Plywood

DS News published an article discussing the downside of using plywood to secure windows and doors on vacant and abandoned properties.

31 Jan 2017

New York Proposes Foreclosure Action Law

S3640 has been introduced in the New York State Senate and was referred to the Housing, Construction and Community Development Committee. The bill would require a plaintiff in a mortgage foreclosure action to maintain the subject property in good faith.

25 Jan 2017

Florida Bill Would Expand Lienholders? Rights

DS News published an article discussing FL H.B. 471, which has been introduced in the Florida State Senate.

24 Jan 2017

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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