Archives For: Industry Updates

Foreclosure Mortgage Fraud Bill Introduced in Illinois

IL HB 6619 had its first reading and was referred to the Rules Committee on November 2, 2016.

2 Nov 2016

Boomerang Buyers Dust Themselves Off to Re-enter Market

DS News published an article discussing the 2.5 million consumers who are set to potentially re-enter the mortgage market in 2017.

27 Oct 2016

Ninth Circuit Holds That Enforcing a Security Interest is Not Necessarily Debt Collection

The National Law Review published an article authored by Mark G. Rackers and Shannon Z. Petersen of Sheppard Mullin Richter & Hampton LLP. The article discusses the United States Court of Appeals for the Ninth Circuit’s affirmation that activities incident to the non-judicial foreclosure of a deed of trust under California state law is not “debt collection” within the scope of the Fair Debt Collection Practices Act.

27 Oct 2016

Treasury: Here?s What Housing Reform Should Look Like

DS News published an article discussing a recent commentary by U.S. Department of the Treasury Counselor Antonio Weiss and Assistant Secretary for Economic Policy Karen Dynan.

27 Oct 2016

Fighting Fire in Louisville, the Hackathon Way

CNET released a report discussing a Louisville, KY pilot program that aims to fight and prevent vacant property fires.

26 Oct 2016

How Long it Takes to Complete a Foreclosure in N.J. by County

NJ.com released an article exploring foreclosure time frames in the state of New Jersey.

25 Oct 2016

OPINION: Recent Efforts to Speed Up Foreclosure Proceedings in N.Y.

Real Estate Weekly published an editorial discussing foreclosure timelines in the state of New York.

25 Oct 2016

Industry Hits A ?Momentous Milestone? for Loan Modifications

DS News published an article highlighting findings from the HOPE NOW August 2016 loan modification data report.

20 Oct 2016

Tech and Scale Are Key to Tackling Tight Servicing Margins

National Mortgage News released an article exploring servicing profit margins.

18 Oct 2016

State Spotlight: Acceleration Notices Require Strict Mortgage Compliance

DS News published an article authored by Lauren Riddick, attorney with Codilis & Associates, P.C. In it, Riddick discusses acceleration notices and the critical need for servicers to adhere to the exact language of the mortgage when foreclosure action is imminent.

14 Oct 2016

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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