Safeguard Properties

Archives For: Investor and Regulatory Updates

HUD: FHA Calls on Lenders to Assist Federal Workers and Contractors Impacted by the Federal Government Shutdown

The U.S. Department of Housing and Urban Development (HUD) issued a press release calling on all approved mortgagees and lenders to be sensitive to the financial hardships experienced by borrowers as a result of the federal government shutdown, including those borrowers subject to furlough, layoff, or a reduction in income related to the shutdown.

8 Jan 2019

Fannie Mae: Modification Interest Rate Adjustment Update

Fannie Mae issued an exhibit providing the current Modification Interest Rate used to evaluate borrowers for conventional mortgage loan modifications.

8 Jan 2019

U.S. Department of the Treasury: Lapse in Appropriations Contingency Plan

As a result of the continued federal government shutdown, the U.S. Department of the Treasury has implemented its Lapse in Appropriations Contingency Plan.

8 Jan 2019

VA Circular 26-17-39: Updated Disaster Modification Guidance

The U.S. Department of Veterans Affairs (VA) issued a change to Circular 26-17-39 that extends the rescission date of the original circular.

4 Jan 2019

HUD: Contingency Plan for Possible Lapse in Appropriations 2018

As a result of the continued federal government shutdown, the U.S Department of Housing and Urban Development (HUD) has issued its contingency plan for possible lapse in appropriations.

3 Jan 2019

Freddie Mac: FHLMC Guide Bulletin 2019-1: Temporary Requirements Related to the Federal Government Shutdown

Freddie Mac issued a release providing temporary selling and servicing requirements to assist borrowers who may have been impacted by the federal government shutdown.

3 Jan 2019

MHA: HAMP Update: HMPAdmin.com Release Outage Notification

Making Home Affordable (MHA) issued a release outlining system availability between January 11-14.

2 Jan 2019

Fannie Mae: Lender Letter LL-2018-06: Selling/Servicing Policies

Fannie Mae issued a release providing temporary guidance on selling and servicing policies that may be impacted by the federal government shutdown that occurred on December 22.

26 Dec 2018

Freddie Mac: Government Shutdown Will Not Impact Operations

Freddie Mac issued a release confirming operations during the current federal government shutdown.

26 Dec 2018

HUD: FHA Single Family Housing Operations and Systems Availability During Government Shutdown

The U.S. Department of Housing and Urban Development (HUD) issued single-family news and updates in FHA INFO #18-52.

26 Dec 2018

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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