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