Archives For: Industry Updates

County Identifies Responsible Parties to ?Zombie? Properties

The Ken-Ton Bee published an article discussing the efforts of New York State Assemblyman Michael Kearns to collect public complaints pertaining to vacant, blighted homes in order to raise awareness of their existence and inspire action from the state.

8 Jun 2016

Proposed New York Legislation Targets Foreclosure Policy

Two bills involving foreclosure procedure have advanced to a third reading in the New York State Assembly: A.8559 (Relates to providing notice to a homeowner whose property is being foreclosed that they do not have to abandon the property until the day of the foreclosure sale) and A.4842 (Requires plaintiffs in mortgage foreclosure actions to provide contact information).

1 Jun 2016

Congressional Grants to Aid More Struggling Borrowers

DS News published an article discussing the latest grant by the National Foreclosure Mitigation Counseling (NFMC) program to assist areas throughout the country struggling with high rates of foreclosure.

31 May 2016

Servicers Remain Aggressive with Outreach Efforts

DS News published an article discussing data released by HOPE NOW for the first quarter of 2016.

26 May 2016

Assembly Passes Legislation to Combat Zombie Homes in New York State

The New York State Assembly issued a press release announcing the passage of several pieces of legislation targeting abandoned residential properties. Among them is A06932-A/S04781 (“Abandoned Property Neighborhood Relief Act of 2016”), which was produced in conjunction with New York State Attorney General Eric Schneiderman.

24 May 2016

Five Star?s Delgado: No Semblance of a Crisis

DS News published an article discussing a webinar presentation conducted by Five Star Institute President and CEO Ed Delgado to advise members of the Federation of REO Certified Experts (FORCE) of past and present market conditions.

19 May 2016

Servicers, Pay Attention to Supreme Court?s Ruling

DS News published an article discussing a recent U.S. Supreme Court ruling that will likely affect mortgage servicers.

16 May 2016

What?s Next for REO? A 10-Year Perspective

DS News published an article discussing what the future holds for the real estate owned (REO) market.

3 May 2016

Alan Grayson Introduces the Zombie Property Act

Florida Politics released an article discussing the introduction of H.R. 5108 (“Zombie Property Relief Act of 2016”) by Congressman Alan Grayson (D-FL9). The proposed legislation has been referred to the House Committee on Financial Services.

28 Apr 2016

NC Senate Bill Targets Squatters Using Foreclosed Homes

The News & Observer published an article discussing NC SB 754 (“Prevent Squatting in Foreclosed Real Property”), which has been introduced into the North Carolina Legislature.

26 Apr 2016

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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