Safeguard Properties

Jacksonville Looks to Land Bank to Deal with Abandoned Houses

Posted on by Safeguard

Industry Update
August 30, 2022

Source:  myjournalcourier.com

The city of Jacksonville is getting into the land bank business.

The name may be a bit misleading because the goal of a land bank is to get blighted and rundown properties back on to tax rolls, according to Brian Nyberg, community development director for the city.

“This is not a profitable thing. It’s not about making money,” Nyberg said. “It’s all about making properties usable again, getting them back on the tax rolls and cleaning up the city.”

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

Carrie Tackett Named a Finalist for the 2022 Women in Housing Awards

Posted on by Safeguard

Safeguard in the News
August 26, 2022

Source: DS News

Safeguard Properties Carrie Tackett, Business Development has been named a finalist for the 2022 Women in Housing Awards.  Carrie has been nominated and named a finalist in for the Corporate Social Responsibility Award, honoring women executives that are driving charitable initiatives and making a positive difference.

Carrie was nominated due to her involvement in multiple charitable efforts within the industry.  Carrie serves as a member of the Veteran’s Financial Service Advisory Council (VFSAC).  Through the VFSAC’s strategic partnership with Operation Homefront, the needs of veterans in relation to housing and critical services are addressed.  She was also integral in cultivating a relationship between Safeguard Properties and the Military Warrior Support Foundation, where the Safeguard vendor network is used to renovate homes to be gifted to wounded veterans and their families.  Carrie has been a member of  AMDC since 2019, working to promote diversity within the mortgage industry.

Also of note, Laura Flood, AVP Investor Compliance, Safeguard Properties was a nominee in the Rising Star Executive Award category, and Elizabeth Squires, AVP Client Account Management, Safeguard Properties was a nominee in the Authentic Leader Award category.  Congratulations to all three women; Safeguard Properties is honored by your representation within the industry!

Meet the 2022 Women in Housing Awards Finalists

On September 20, the mortgage and housing industry’s women business leaders will be recognized and honored at the 2022 Women in Housing Leadership Awards.

Once again hosted during the annual Five Star Conference and Expo, the Women in Housing Awards will be presented across five categories: the Rising Star Executive Award, the Trailblazer Award, the Corporate Social Responsibility Award, the Authentic Leader Award, and the Laurie A. Maggiano Legacy Award, named for the industry icon who passed away in 2018.

The finalists for each category of these awards were chosen from a list of hundreds of nominations received from across the industry. They were then voted on by a panel of industry professionals including Five Star’s Editorial Advisory Board.

Here are this year’s finalists in each category.

The Rising Star Executive Award: This award recognizes young women leaders who, while still early in their careers, have demonstrated an outstanding capability to lead and drive progress. (up to 10 years’ industry experience)

Rosa Arriaga, VP Loan Administration, Mr. Cooper

Joette Bonin, VP, Fay Servicing, LLC

Leah Goldmintz, VP, Capital Markets, CoreVest Finance

Kate Mossop, VP & Portfolio Product Owner, Single-Family Servicing Products and Offerings, Freddie Mac

Lauren Shea, Chief Credit Officer, Temple View Capital

The Trailblazer Award: This award honors women leaders who have broken barriers and served as a catalyst for change within their organizations.

Jaime Burgess, VP – Default Servicing, Mr. Cooper

Kimberly Hare, President, Fay Servicing, LLC

Sherri Higuera, SVP, Servicing Technology, The Money Source

Kelly MacDonald, Group VP, Director of Default and REO, M&T Bank

Cecelia Raine, VP, Servicing Strategy & Integration, Freddie Mac

The Corporate Social Responsibility Award: How are you and your organization giving back? This award recognizes women executives who are driving charitable initiatives and helping our industry make a positive difference.

Darcy Chapman, VP, Strategic Partnerships, Auction.com

Tamara Gifford, Director, Community & External Relations, Ocwen

Toniqua Green, VP of Corporate Social Responsibility, Mr. Cooper Group

Dana Stephenson, Consumer Direct Onboarding Manager, Caliber Home Loans, Inc.

Carrie Tackett, Director of Business Development, Safeguard Properties

The Authentic Leader Award: Nominees for this award should demonstrate exemplary leadership, serving as both a business leader and a role model for their colleagues, and earning the admiration and respect of their peers in the process.

Shayna Arrington, Chief Compliance Officer, The Money Source

Jennifer Corcoran, SVP of National Operations, Caliber Home Loans, Inc.

Mieke de Boer, SVP, Mortgage Default Fulfillment, Truist

Tess Siwa, SVP Operations, Constructive Capital

Judith Tribble, SVP, Chief Compliance Officer, Lakeview Loan Servicing, LLC

The Laurie A. Maggiano Legacy Award: The award recognizes women whose accomplishments have left an indelible impact on the industry and positively influenced homeownership within the past year (minimum 20 years’ consecutive industry experience).

Christina Harrington, President and Co-Founder, Usherpa

Melissa Kozicki, Director of Compliance, Mortgage Cadence

Miriam Moore, President of Default Services, ServiceLink

Dawn Svedberg, VP, Head of Fintech Product Sales, Tavant

Sandra Thompson, Director, FHFA

2022 Women in Housing Nominees

The following professionals were nominated by colleagues, peers, and employers for being champions of women in the industry, as well as for the dedication they take in their roles. Though our selection committee had the arduous task of selecting only 25 finalists from the impressive list of nominations that came in, we would be remiss if we didn’t honor and recognize the full list of women lauded by the industry

Danielle Arena, Realtor Associate/Branch Leader, Century 21 Action Plus Realty

Kristen Bachich, Manager, Corporate Communications, Ocwen Financial Corporation

Shawn Buchan, Team Owner, Shawn Buchan Group

Shellie Burton, VP Escrow, Mr. Cooper

Alicia Byrd, Bankruptcy Operations Manager, Flagstar Bank

Marlene Chaker, CEO/Founder, AAA AMC

Tai Christensen, Chief Diversity, Equity and Inclusion Officer and Director of Government Affairs, CBC Mortgage Agency

Karin Collins, VP, Foreclosure at Fay Servicing, LLC

Rachel Cunningham, Director of Customer Success, Sales Boomerang

Labrescia Dawson, CEO, Dawson Realty and Mortgage

Leisha Delgado, Founder & CEO, Hello Solutions

Jennifer Dobron, VP Foreclosure, LoanCare

NIchole Donald, Manager Community Relations, Mr. Cooper Group

Shaylene Ernisse, Realtor

Rosalie M. Escobedo, Director of Business Development, Mackie Wolf Zientz & Mann, P.C.

Susan Falsetti, Managing Director, Origination Title & Close, ServiceLink

Laura Flood, AVP, Investor Compliance, Safeguard Properties

Erika Garcia, COO and Managing Partner, Precedent Management, LLC

Tanya Garcia, National Director of Construction Operations, SMS Assist

Sally Garrison, Managing Member, The Mortgage Law Firm

Johanna Granados, Account Executive, Verisk

Ingrid Jaschok, EVP Online Operations, Auction.com

Jiya Jose, Director, Project Management Office, Ocwen Financial Corporation

Tawn Kelley, President, Taylor Morrison Home Funding

Erica LaCentra, Chief Marketing Officer, RCN Capital

Rosemary Lally, Chief Information Security Officer, Altisource

Maria Lamas, VP, Associate General Counsel, Mr. Cooper

Christina Leckie, Professional Services Manager, Fiserv

Barb Liberto, Community Lending Florida

Andria Lightfoot, Chief Customer Officer, SimpleNexus

Laura MacIntyre, President, DIMONT

Jocelyn Martin-Leano, President, Rushmore Loan Management Services

Linda McCoy, President, National Association of Mortgage Brokers

Cheryl Messner, EVP of Customer Success and Experience, Sales Boomerang

Tricia Migliazzo, SVP, Sales, Lenders One/Altisource

Elizabeth Morales, Chief Marketing Officer, Applied Business Software

Margaret Morgan, Senior Client Representative, Equity Valuation Partners

Tania Murray, Texas Area Manager, New American Funding

Beth Northrop-Day, VP and Assistant General Counsel, U.S. Bank

Laird Nossuli, CEO, iEmergent

Jackie Oliver, SVP, Associate General Counsel, Mr. Cooper Group

Tiffany Pierschbacher, Realtor, Shawn Buchan Group

Fiona Rice, Software Development Engineer, Team Lead, Fiserv

Dawn Robinson, SVP Regional Manager, PrimeLending

Ruth Ruhl, President, Ruth Ruth, P.C. Attorney at Law

Valerie Saunders, VP, National Association of Mortgage Brokers

Abigail Schuettinger, Director of Operations, Altisource

Christine Seeger, VP Customer Experience, Ocwen Financial Corporation

Karen Shields, SVP of Default, Shellpoint Mortgage Servicing/Caliber

Leanne Shultz, Instructional Designer, LoanCare

Elizabeth Squires, AVP, Client Account Management, Safeguard Properties

Jennifer Stoops, EVP of Corporate Development, Park Avenue Properties, A PURE Company

Cassandra Swartz-Dixon, VP & Assistant General Counsel, RoundPoint Mortgage Servicing

Annabelle Tanguilan, Assistant Manager, Customer Care Center, Ocwen

Maureen Tejada, SVP, Enterprise Risk Management, Ocwen Financial Corporation

Trinity Weekes, SVP Loan Administration, Specialized Loan Servicing

Donita White, External Audit Manager, LoanCare

Whitney Wince, Senior Director of Foreclosure, Shellpoint Mortgage Servicing

Ramie Word, SVP Customer Care & Client Delivery, Mr. Cooper

Robin P. Wright, Managing Partner, Wright, Finlay & Zak, LLP

 

To access the full story, please click the source link above.

‘Get Out Now’: Mayor Urges Residents to Flee Ahead of Rising River Waters in Mississippi

Posted on by Safeguard

Disaster Alert
August 28, 2022

Source:  CNN

NOTE: This has not yet been declared a FEMA Disaster.

With Mississippi’s Pearl River now expected to crest earlier than originally forecast, threatening to flood streets and creep into homes within the next 48 hours, some Jackson residents are being told to flee.

Jackson Mayor Chokwe Antar Lumumba urged residents to “get out now,” during a news conference Saturday.

Authorities earlier predicted the Pearl River to reach 36 feet and crest by Tuesday after record-setting rainfall in recent days, however the river is now expected to crest late Sunday through Monday evening before slowly lowering.

A flood stage is considered “major” at 26 feet. The current flood warning says dozens of additional streets in downtown Jackson will flood at 34 feet, with water close to entering homes in Northeast Jackson at 35.8 feet.

 

For full report, please click the source link above.

 

Additional Resources:

Governor Tate Reeves Mississippi State of Emergency Declaration

Zip Codes of Potentially Impacted Areas

FEMA Major Disaster Declaration – Alaska Flooding

Posted on by Safeguard

FEMA Alert
August 26, 2022

FEMA has issued a Major Disaster Declaration for the state of Alaska to supplement state, tribal and local recovery efforts in areas affected by flooding from May 8-11, 2022.  The following counties have been approved for assistance:

Public Assistance:

  • Copper River Regional Educational Attendance Area
  • Iditarod Area Regional Educational Attendance Area
  • Kuspuk Regional Educational Attendance Area

 

Alaska Flooding (DR-4667-AK)

President Joseph R. Biden, Jr. Approves Disaster Declaration for Alaska

Map of Affected Areas

Please note:  The areas declared are considered unorganized boroughs and do not have associated zip codes.

 

 

Additional Resources

FEMA’s web site

FEMA’s Disaster Declaration Process

Safeguard Properties Industry Alerts

HUD Moratorium on Foreclosure

VA’s Policy Regarding Natural Disasters

Freddie Mac Disaster Relief Policies

Fannie Mae’s Natural Disaster Relief Policies

Black Knight: Foreclosure Starts Decrease, Delinquencies Edge Slightly Higher

Posted on by Safeguard

Industry Update
August 24, 2022

Source:  prnewswire.com

Black Knight, Inc. reports the following “first look” at July 2022 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.

–  The national delinquency rate edged up to 2.89% in July – driven by a 4% increase in early-stage delinquencies – but remains just 14 basis points higher than the record low set in May of this year

– Serious delinquencies – loans 90 or more days past due, but not yet in active foreclosure – pulled back in July after worsening for the first time in 22 months in June

–   The number of seriously delinquent loans curing to current has dropped steadily over recent months, from 104K in March to 58K in July, indicating that the easiest workouts have likely been completed

–  Foreclosure starts retreated 25% from June for a total of 17.7K starts – some 55% below pre-pandemic levels for the month of July – equating to just 3% of 90+ day past-due loans

– Though still up from record lows that came from widespread moratoriums and forbearance protections last year, the number of loans in active foreclosure declined slightly by 6K in July

–  Prepayment activity dropped by another 18% in July and is now down by 67% from the same time last year as rising rates put downward pressure on both purchase and refinance lending

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

FHFA to Form Affordable Housing Committee

Posted on by Safeguard

Industry Update
August 24, 2022

Source: mpamag.com

The Federal Housing Finance Agency (FHFA) has revealed plans to establish a Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing.

The committee will focus on regulatory or policy changes addressing affordable, equitable, and sustainable housing needs. It will provide advice and input on how FHFA’s regulated entities – Fannie Mae, Freddie Mac, and the Federal Home Loan Banks – can remove barriers to access to such housing and long-term sustainability.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

Ginnie Mae’s Nonbank Servicing Share is Inching Up in ‘22

Posted on by Safeguard

Industry Update
August 23, 2022

Source: moneymarketadvisor.com

Ginnie Mae’s nonbank servicing share has continued to climb this 12 months, albeit at a slower tempo than in 2021, based on new evaluation of information from multi-issuer mortgage-backed securities swimming pools.

The share of the massive nonbank servicers on this market, which is the most important that the federal government company insures, has climbed to 72% up to now in 2022 from 71% final 12 months, based on knowledge from FHN Monetary, an affiliate of First Horizon Financial institution and CPR & CDR, a prepayment analytics supplier.

The quantity is critical within the context of the counterparty requirements Ginnie not too long ago revised in coordination with the Federal Housing Finance Company, as nonbanks are “the primary targets” for the brand new requirement, FHN famous within the report.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

Flash Flooding in Dallas Area Surprises Residents as Rescue Crews Respond to Hundreds of Calls for Help

Posted on by Safeguard

Disaster Alert
August 23, 2022

Source:  CNN

NOTE: This has not yet been declared a FEMA Disaster.

After torrential rains struck parts of northeastern Texas and sent floodwaters rushing through streets and homes, rescue crews fanned out across the region on Monday, responding to hundreds of calls for aid from residents stunned by the severity of the downpour.

Heavy rain and flash flooding brought record rainfall to the Dallas-Fort Worth area between Sunday and Monday afternoon, according to the National Weather Service Forth Worth. More than 9 inches fell at Dallas Fort Worth Airport over a 24-hour period that began Sunday, marking the highest rainfall over that length of time that the area has seen since 1932, the agency said.

The downpour made this month the wettest August on record in Dallas, reaching 10.38 inches as of Tuesday evening, according to the National Weather Service. The previous record was set in 1915 at 10.33 inches.

 

For full report, please click the source link above.

 

Additional Resources:

Governor Greg Abbott’s State of Texas Disaster Declaration

Zip Codes of Potentially Impacted Areas

The Fight Against Blight in Blackford County

Posted on by Safeguard

Industry Update
August 23, 2022

Source:  hartfordcitynewstimes.com

Blight can be defined as something that spoils or damages something. It can also  be described as something that has a detrimental effect on that which surrounds it. Many once fine properties in Hartford City and other communities have, for whatever reason, been allowed to fall into such a condition that they now fit this description.

Perhaps they are owned by someone out of state who fails to maintain them. Maybe they belong to an elderly homeowner on a fixed income who cannot afford to have the necessary repairs made. Regardless of how they got to this point, over the last few years, Hartford City, in conjunction with Build a Better Blackford, the Blackford Development Corporation, and the City’s Property Standards Board, have been working together to find, and improve these properties.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

114 Housing Units in Northwest Philly Unlocked for Redevelopment

Posted on by Safeguard

Industry Update
August 16, 2022

Source:  hiddencityphila.org

A swath of 25 properties that for years have plagued sections of Germantown and Mount Airy as a nuisance to neighbors and substandard housing for residents appear to be on the way to redevelopment. Scattered over several different blocks, the parcels include apartment buildings, row houses, twins, and townhouse-style developments. They total 114 housing units, of which 21 are currently occupied.

Records indicate dozens of violations issued by the Department of License and Inspections (L&I) over more than a decade that include weakened floors, water damage, mold, elevated lead and radon levels, unsafe heating equipment, hazardous electrical systems, and more.

For full report, please click the source link above.