Archives For: Featured Resources

VA Circular 26-15-21 Property Preservation Requirements and Fees

The U.S. Department of Veterans Affairs (VA) released Circular 26-15-21. The circular provides national guidance and describes minimum requirements for the inspection of properties securing VA-guaranteed home loans and the maintenance, preservation and repair of any properties found to be abandoned.

30 Sep 2015

VA Circular 26-15-22 Release of the Department of Veterans Affairs Servicer Handbook, M26-4

The U.S. Department of Veterans Affairs (VA) released Circular 26-15-22. The circular clarifies the date the VA Servicer Handbook will become effective.

30 Sep 2015

CFPB Reform Bills Pass in House Financial Services Committee

DS News published an article discussing the Bureau of Consumer Financial Protection-Inspector General Reform Act of 2015 (H.R. 957) and the Financial Product Safety Commission Act of 2015 (H.R. 1266).

30 Sep 2015

MHA HAMP Update Fannie Mae Security Update May Require Browser Setting Change

On September 30, Making Home Affordable (MHA) released a HAMP Update announcing that by the end of October 2015, MHA Program applications administered by Fannie Mae must be accessed using Transport Layer Security (TLS), which may require a Web browser setting change.

30 Sep 2015

CFPB Written Testimony of Richard Cordray Before the House Committee on Financial Services

The Consumer Financial Protection Bureau (CFPB) published a news release containing the written testimony of Richard Cordray before the House Committee on Financial Services in regards to the CFPB’s latest Semi-Annual Report to Congress.

29 Sep 2015

FHLMC Guide Bulletin 2015-14 Prepare Now for New Settlement Automation for Third-Party Foreclosure Sales

Freddie Mac issued a release announcing new automated settlement functionality for liquidation transactions in Workout Prospector®, which will be available on November 16, 2015.

29 Sep 2015

FHFA AB 2015-07 Fraud Risk Management

The Federal Housing Finance Agency (FHFA) released an Advisory Bulletin which communicates to Fannie Mae and Freddie Mac the FHFA’s supervisory expectations for fraud risk management, including the establishment and maintenance of internal controls to prevent, deter and detect fraud or possible fraud.

29 Sep 2015

GAO-15-783: FEMA Needs to Cohesively Manage Its Workforce and Fully Address Post-Katrina Reforms

The U.S. Government Accountability Office (GAO) released GAO-15-783, a report detailing the need for the Federal Emergency Management Agency (FEMA) to prioritize its workload and manage its workforce when a disaster hits.

29 Sep 2015

FHFA: Foreclosure Prevention Actions Top 3.5 Million Through Second Quarter 2015

The Federal Housing Finance Agency (FHFA) issued a news release discussing findings from its second quarter Foreclosure Prevention Report

 

28 Sep 2015

HUD Mortgagee Letter 2015-21: Automatic Extensions to HUD’s Initiation of Foreclosure Timeline

The U.S. Department of Housing and Urban Development (HUD) released Mortgagee Letter 2015-21. The letter provides guidance relating to HUD’s regulatory requirement for mortgagees to utlize a Loss Mitigation Option or initiate foreclosure within six months of the date of default.

28 Sep 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