Archives For: Industry Updates

Legislation in Montana Aimed at Reducing Banks? Liability in Loss Mitigation

On March 13, DS News released an article discussing the state of Montana’s SB 280 and SB 281.

20 Mar 2015

Maryland SB 197 Proposed Legislation Municipalities-Vacant and Blighted Buildings

On February 2, Maryland Senate Bill 197 (“Municipalities-Vacant and Blighted Buildings”) received its first reading in the Education, Health and Environmental Affairs Committee.

20 Mar 2015

North Carolina Bill Would Permit Homeowners to Exclude Forgiven Mortgage Debt from Taxes

On March 9, DS News released an article discussing a bill approved in the North Carolina House of Representatives which would affect about 4,000 homeowners.

20 Mar 2015

Oregon Proposed Legislation HB 3080 ?Relating to assessments that association of unit owners imposes on foreclosed residential real property?

On February 20, Rep. Sal Esquivel (R-OR) introduced HB 3080, titled “Relating to assessments that association of unit owners imposes on foreclosed residential real property” to the Oregon Legislature.

 

20 Mar 2015

Proposed California Assembly Bill AB 514

On February 23, Assembly Member Das Williams (D-CA) introduced California Assembly Bill 514.  AB 154, if enacted, would amend the local fines and penalties for violations of local building and safety ordinances.

20 Mar 2015

MBA: Principles to Expedite the Foreclosure Process for Vacant and Abandoned Properties

Recently, the Mortgage Bankers Association released a white paper titled Principles to Expedite the Foreclosure Process for Vacant and Abandoned Properties. Versions created in part with the New York Mortgage Bankers Association and Ohio Mortgage Bankers Association have been made available.

 

4 Mar 2015

Nebraska Bill Creates Notification Process for Code Violations on Foreclosed Properties

On February 26, Legislative Bill LB-151 was approved by the Governor of Nebraska.

4 Mar 2015

Kentucky Foreclosure Bill Removed From Consideration

On February 26, the Lexington Herald-Leader released an article titled Sponsor yanks bill that critics said favored banks over homeowners in foreclosure.

 

3 Mar 2015

HomesSafe Georgia Program Helps Borrowers Stay in Homes

On February 12, The Augusta Chronicle published an article titled State program helps homeowners avoid foreclosure.

20 Feb 2015

Florida Appellate Court Rulings Could Resurrect Thousands of Dismissed Foreclosure Cases

On February 14, the Herald-Tribune published an article titled Rulings could breathe new life into dead foreclosure cases.

17 Feb 2015

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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