Archives For: Investor and Regulatory Updates

HUD Prepared Remarks on Future of Housing After the Crisis

On January 22, the U.S. Department of Housing and Urban Development (HUD) released remarks of HUD Secretary Shaun Donovan, as prepared for delivery.

27 Jan 2014

HUD Announces Changes to Mortgage and Loan Insurance Programs

On January 23, the Federal Register posted a notice from the U.S. Department of Housing and Urban Development (HUD) regarding mortgage and loan insurance programs.

24 Jan 2014

CFPB Highlights Servicing Problems Military Families Face

On January 21, National Mortgage News published an article titled CFPB Highlights Servicing Problems Military Families Face.

21 Jan 2014

MHA Outreach and Intake Project Extension

On January 21, Making Home Affordable (MHA) announced an extension to the Making Home Affordable Outreach and Intake Project.

21 Jan 2014

HUD Notice H 2014-1 HUD REO Lead Disclosure Requirements

On January 10, the U.S. Department of Housing and Urban Development (HUD) released Notice H 2014-1, subtitled HUD Real Estate Owned (REO) Lead Disclosure Requirements.

17 Jan 2014

Fannie Mae Releases FAQs Regarding CFPB Mortgage Servicing Rules

On January 10, Fannie Mae released Frequently Asked Questions regarding the Consumer Financial Protection Bureau (CFPB) mortgage servicing rules.

15 Jan 2014

HAMP December UP Survey Available

On January 15, Making Home Affordable released a HAMP Reporting Update announcing availability of the December 2013 UP Survey.

15 Jan 2014

HUD ML 2014-1 Save Your Home Brochure for Delinquent Mortgagors

On January 10, the U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2014-1, subtitled Save Your Home: Tips to Avoid Foreclosure – Brochure for Delinquent Mortgagors.

15 Jan 2014

HUD December Housing Scorecard

On January 10, the U.S. Department of Housing and Urban Development (HUD) released an update titled Obama Administration Releases December Housing Scorecard.

13 Jan 2014

Fannie Mae Releases Property Valuation Update, 2014 Investor Calendar

On January 8, Fannie Mae released a servicing notice regarding property valuations. Also in January, Fannie Mae released its 2014 Investor Reporting and Remitting Calendar.

9 Jan 2014

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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.

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.

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.

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.

Business Development

Carrie Tackett

Business Development Safeguard Properties