Archives For: Investor and Regulatory Updates

FHFA Directs Fannie Mae and Freddie Mac to Delay Guarantee Fee Changes

On January 8, the Federal Housing Finance Agency (FHFA) released an announcement titled FHFA Directs Fannie Mae and Freddie Mac To Delay Guarantee Fee Changes.

9 Jan 2014

VA Circular 26-13-29 Mandatory Electronic Delivery of Loan Files

On December 26, the Department of Veterans Affairs (VA) released Circular 26-13-29, subtitled Mandatory Electronic Delivery of Loan Files.

9 Jan 2014

FHFA’s Watt Seen as Enigma in Fannie-Freddie Market

On January 6, Bloomberg Businessweek published an article titled Watt at FHFA Seen as Enigma in Fannie-Freddie Market: Mortgages.

6 Jan 2014

Freddie Mac Reminds of CFPB Rules and Selling/Servicing Requirements

On January 3, Freddie Mac released an update titled Selling and Servicing Requirements in Response to CFPB Rules Take Effect This Month.

6 Jan 2014

Mortgage Servicers Still Facing Heat Under Settlement

On January 2, Mortgage Servicing News published an article titled Mortgage Servicers Face More Heat Under Settlement.

6 Jan 2014

Senate Banking Committee Files Report on FHA Solvency Bill, FHA actuarial report, FHA Solvency Act of 2013

On December 19, the United States Senate Committee on Banking, Housing, & Urban Affairs released an update titled Johnson, Crapo File Report on FHA Solvency Bill.

30 Dec 2013

FHFA Announces More Than 3 Million Homeowners Helped

On December 23, the Federal Housing Finance Agency (FHFA) released an update titled FHFA Announces Milestone: More Than 3 Million Homeowners Helped by Foreclosure Prevention Programs.

24 Dec 2013

HUD and Census Bureau Report New Residential Sales in November

On December 24, the U.S. Department of Housing and Urban Development (HUD) and U.S. Census Bureau released a joint report of new residential sales in November.

24 Dec 2013

New FHFA Director Watt Will Delay GSE Fee Increases

On December 23, National Mortgage News published an article titled New FHFA Director Will Delay GSE Loan Fee Increases.

24 Dec 2013

USDA Brings Additional Relief to Landowners Affected by Hurricane Sandy

On December 18, the U.S. Department of Agriculture (USDA) released an announcement titled USDA Brings Additional Relief to Landowners Affected by Hurricane Sandy.

24 Dec 2013

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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