Safeguard Properties

Archives For: Industry Updates

Calif. App. Court Rules Servicer and Investor Did Not Violate HBOR

Lexology posted a blog authored by Maurice Wutscher LLP Attorney Ernest Wagner. In it, Wagner outlines a recent California Fourth District Court of Appeals decision relating to the California Homeowner Bill of Rights (HBOR).

17 Dec 2018

Bill to Permit Municipal Land Banking with Online Database Clears Committee

Insider NJ published an article announcing that legislation aiming to permit municipal land banking in conjunction with online property database development in New Jersey cleared the Senate Budget and Appropriations Committee.

10 Dec 2018

New Jersey Bill Aims to Create Foreclosure Buyback Program

Senate Bill 1584 (Establishes the “New Jersey Residential Foreclosure Transformation Act”) was reported from the Senate Budget and Appropriations Committee with amendments and a second reading. The bill was originally introduced on February 5.

10 Dec 2018

Calls for Audit on Brooklyn Home Foreclosures

Caribbean Life published an article discussing an action taken by Brooklyn, N.Y., civic leaders that calls for a full-scale forensic audit and investigation in the federal, state and city levels into the issue of deed fraud currently faced by the Borough.

30 Nov 2018

Erie City Land Bank Lists First 20 Blighted Properties to be Demolished or Repaired

Erie News NOW released an article announcing the first action to be carried out by the Erie City (Pa.) Land Bank Board.

29 Nov 2018

Judicial Foreclosure vs. Lender Behavior

DS News published an article exploring a brief authored by Wharton School (University of Pennsylvania) Professor Brian D. Feinstein. In it, Feinstein explores the impact that judicial foreclosures have on borrowers, lenders, and policymakers.

29 Nov 2018

Somerset County Considers Land Project to Deal with Blight

An ordinance designating the Redevelopment Authority of Somerset County (Pa.) to act as land bank was passed by the Somerset County Board of Commissioners.

27 Nov 2018

York Has Power to Seize Slumlord Assets

The York Daily Record published an article authored by Jeri E. Stumpf, president and founder of Jeri E. Stumpf & Associates, Inc. and former director of city planning and acting director of the Redevelopment Authority in York, Pa. In It, Stumpf weighs in on how Pennsylvania municipalities (specifically the City of York) can combat blight created by dilapidated rental properties.

21 Nov 2018

HUD: FHA INFO #18-43: Updated Guidance on Home Equity Conversion Mortgage (HECM) Claim Type 22 (CT-22) Assignment Requests

Today, the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2018-08: Updated Guidance on Home Equity Conversion Mortgage (HECM) Claim Type 22 (CT-22) Assignment Requests. Read today’s Press Release. This ML provides consolidated and updated guidance regarding the submission of HECM assignment requests to the Department of Housing and Urban Development (HUD). It outlines the documentation and procedures […]

22 Oct 2018

Freddie Mac: Disaster-Related Forbearance Policy Added to Loan Coverage Advisor

Loan Coverage Advisor® has been updated to include the Disaster-Related Forbearance Policy for selling reps and warranties. Now you can track reporting events and Alternative Payment Plan (APP) information for disaster-impacted loans after August 25, 2017 that meet the policy requirements defined in Single-Family Seller/Servicer Guide (Guide) Chapter 1301.11, for greater insight into your rep and warranty […]

22 Oct 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