FHA INFO #16-19: REMINDER: FHA to Host Additional Industry Briefing Conference Calls to Provide More Insight into March 14, 2016 Single Family Housing Policy Handbook 4000.1 Updates

Investor Update
March 25, 2016

On March 14, 2016, FHA published updates to—as well as published the new Claims and the new Disposition sections of—its Single Family Housing Policy Handbook 4000.1 (SF Handbook). With the publishing of these sections, FHA now has available an almost complete, end-to-end set of policies for its Title II forward mortgage business.

As a reminder, over the next few weeks, FHA will host three separate SF Handbook industry briefing conference calls to provide more insight into the new Claims section and the new Disposition section, as well as the recent updates to the Doing Business with FHA and the Quality Control, Oversight and Compliance sections for Lenders and Mortgagees. Call details are provided below.

FHA encourages those planning to attend one or all of the upcoming SF Handbook industry briefing conference calls to review the particular section(s) in its entirety prior to joining the call and to formulate any questions they may have. FHA subject matter experts will be on hand to answer questions regarding the new sections and other updates published on March 14th during each conference call’s open Question and Answer period.

Claims Section Industry Briefing Conference Call on March 31, 2016

During this call, FHA subject matter experts will discuss—and provide a more comprehensive overview of—the newly published Claims section:

  • Title: SF Handbook Claims Section
  • Date: Thursday, March 31, 2016
  • Time: 2:00 PM–3:00 PM (Eastern)
  • Dial-in: (866) 615-1886
  • Access Code: 387723
  • Target Audience: Lenders, Mortgagees, Servicers, and all other interested Stakeholders in FHA transactions


Doing Business with FHA and Quality Control, Oversight and Compliance Sections Industry Briefing Conference Call on April 14, 2016

During this call, FHA subject matter experts will provide a brief overview of the recent updates to Section I: Doing Business with FHA—Lenders and Mortgagees, and Section V: Quality Control, Oversight and Compliance for Lenders and Mortgagees of the Single Family Housing Policy Handbook 4000.1., and then open the call for Questions and Answers.

  • Title: SF Handbook Doing Business with FHA and Quality Control, Oversight and Compliance Sections
  • Date: Thursday, April 14, 2016
  • Time: 2:00 PM – 3:00 PM (Eastern)
  • Dial-in: (800) 260-0712
  • Access Code: 389804
  • Target Audience: Lenders, Mortgagees, and all other interested Stakeholders in FHA transactions


Disposition Section Industry Briefing Conference Call on April 21, 2016

During this call, FHA subject matter experts will provide a more comprehensive overview of the newly published Disposition section:

  • Title: SF Handbook Disposition Section
  • Date: Thursday, April 21, 2016
  • Time: 2:00 PM–3:00 PM (Eastern)
  • Dial-in: (800) 260-0718
  • Access Code: 388730
  • Target Audience: Lenders, Mortgagees, Servicers, Real Estate Brokers, Appraisers, and all other interested Stakeholders in FHA Transactions


Quick Links


Resources

  • Contact the FHA Resource Center:

    -Visit our online knowledge base to obtain answers to frequently asked questions 24/7 at:
    www.hud.gov/answers.

    -E-mail the FHA Resource Center at: answers@hud.gov. Emails and phone messages will be responded to during normal hours of operation, 8:00 AM to 8:00 PM (Eastern), Monday through Friday on all non-Federal holidays.

    -Call 1-800-CALLFHA (1-800-225-5342). Persons with hearing or speech impairments may reach this number by calling the Federal Relay Service at 1-800-877-8339.

Source: FHA (FHA INFO #16-19 full version)

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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