Archives For: Industry Updates

Menendez Bill Would Help Homeowners at Risk of Foreclosure Stay in Their Homes

On June 16, the office of U.S. Senator Robert Menendez (D-NJ) issued a press release discussing the introduction of the Preserving American Homeownership Act of 2015.

7 Jul 2015

Harvard’s Joint Center for Housing Studies Releases Annual Housing Report

On June 24, the National Council of State Housing Agencies (NCSHA) published an article discussing the release of The State of the Nation’s Housing 2015.

3 Jul 2015

MBA, PwC White Paper Tracks Powerful Impact of Nonbank Servicing

On June 24, HousingWire released an article discussing the release of The Changing Dynamics of the Mortgage Servicing Landscape.

3 Jul 2015

New Jersey S2545/A3793: Concerns Expedited Process for Foreclosing Vacant and Abandoned Residential Properties in Uncontested Actions

On June 8, NJ S2545/A3793 had a second reading and is under consideration in the State House.  If enacted, the bill would amend P.L.2012, c.70 (Senate Bill 2156).

30 Jun 2015

New York SB 4498: Provides for Summary Action to Foreclose Upon Vacant and Abandoned Residential Real Property

On May 6, NY SB 4498 was advanced to a third reading.  If enacted, the bill would amend the Real Property Actions and Proceedings Law for an expedited procedure for abandoned property foreclosure for residential properties.

22 Jun 2015

Proposed New York Senate Bill S4781-2015

On April 15, NY S4781-2015 was introduced in the Senate and referred to the Housing, Construction and Community Development Committee.

22 Jun 2015

The Subprime Mortgage Crisis Wasn’t About Subprime Mortgages

On June 17, Fortune Magazine published an article discussing new research by Wharton School economists Fernando Ferreira and Joseph Gyourko that presents an argument against the idea that subprime lending triggered the financial crisis.

19 Jun 2015

More than 1.5 Million ?Boomerang Buyers? Could Re-Enter Mortgage Market In Next Three Years

On June 17, DS News released an article discussing a new study released by TransUnion which focuses on homeowners impacted by the recent mortgage crisis.

18 Jun 2015

Florida HB 779 Aims to Protect Renters From Swift Evictions

On June 4, the Sun Sentinel released an article titled New law gives renters more protection.

 

12 Jun 2015

Glens Falls, NY Set to Begin Eminent Domain Proceedings

On May 27, the Glens Falls Post-Star published an article titled City to use eminent domain to pressure banks to clean up foreclosure properties.

12 Jun 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