Archives For: Safeguard in the News

Housing Wire Article Default Servicers Implement New Procedures for HUD Reimbursements

New procedures for Management and Marketing (M&M) contractors take effect Wednesday for real estate owned (REO) properties that the Department of Housing and Urban Development (HUD) owns.

13 Apr 2010

City of Cleveland W 83rd Explosion Donations Press Conference Coverage

Cleveland City Councilman Matt Zone recently honored Safeguard Properties for their generous donation to the West 83rd Explosion Relief Fund at a Press Conference held in the Gordon Square Arcade Atrium (6516 Detroit Avenue).? ?The press conference was featured on WTAM, WEWS Channel 5 and Fox 8 (Cleveland).?The links to the videos and media article are provided below.

19 Mar 2010

Safeguard Properties Promotes Five Staffers to New Positions

As discussed in a recent article in DSNews, “Five team members of Safeguard Properties were recently promoted to newly-created positions within the company. These new positions are part of an organizational restructuring to better serve clients and accommodate Safeguard?s current and anticipated growth, the company said.”

15 Mar 2010

American Banker “Seizing the Wrong Home: Rare, But a PR Nightmare”

A recent article in American Banker discusses reports of lenders repossessing the wrong property.? The?article contributes the?large volume?of foreclosures and the various layers of communication as the?reasons for these errors.

9 Mar 2010

Managing REO “Confusion Mounting over PTFA”

Numerous lender liabilities have been created as a result of the Protecting Tenants at Foreclosure Act.

5 Mar 2010

City of Cleveland Ohio House Explosion Fundraiser

After a tragic gas explosion and fire in late January at a W. 83rd Street home in Cleveland that damaged 57 nearby homes and left many homeless, the founder and CEO of Safeguard Properties, Robert Klein offered to match all donations raised to help the victims.

11 Feb 2010

BarCap Sees Limited Use of Fannies Deed-for-Lease Program

BarCap Sees ?Limited Use? of Fannie?s Deed-for-Lease Program Although a new foreclosure alternative program announced Thursday by Fannie Mae (FNM: 1.00 -2.91%) presents a new step in mitigating foreclosure risk among distressed borrowers, it looks to have only a ?marginal? effect on prepayments within Fannie residential mortgage-backed securities (RMBS), according to market commentary by Barclays […]

2 Feb 2010

Higher Unemployment Means Many More Distressed Properties to Come

Higher Unemployment Means Many More Distressed Properties to Come A panel meeting today at the Safeguard Properties National Property Preservation Conference in Washington DC shifted gears to address the ?unexpected? jump in unemployment rates. Unemployment in the United States now stands at 10.2%, somewhat beyond the forecast of economists. The US Conference of Mayors, a […]

2 Feb 2010

Properties Magazine – Managing a Move

Safeguard Properties’ recent move to their new Valley View, OH location?is the focus of an article in Properties Magazine, Northeast Ohio’s monthly realty, construction and architecture magazine.

29 Jan 2010

DSNews “Agency Leaders Address FHA’s Future at Property Preservation Conference “

Agency Leaders Address FHA’s Future at Property Preservation Conference Only a month in, Vicki Bott, the new deputy assistant secretary for single family housing at the Federal Housing Administration (FHA), defended against rumors saying FHA loans were the new subprime. ?We will absolutely chase the bad lenders,? she said at the National Property Preservation Conference, […]

5 Jan 2010

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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