Hurricane Willa Likely to Bring Rain Accumulations to Texas

Source: ABC News

Additional Resource:

Safeguard Properties (Central Texas flooding)

Safeguard Properties Disaster Update Center

NOTE: This is not yet a FEMA Declared Disaster

Hurricane Willa, a Category 4 storm, is taking aim at the Mexican coast and threatening to deliver life-threatening storm surge, wind and rain.

Willa had strengthened to a powerful Category 5 storm Monday morning with 160 mph winds as the National Hurricane Center warned the storm was “potentially catastrophic” for Mexico.

Now weakened slightly, packing 155 mph winds, Willa is moving north toward the southwest Mexican coast.

The storm is expected to make landfall Tuesday evening as a Category 3.

The major resort area of Puerto Vallarta is under a tropical storm warning — as it is expected to face gusty winds, heavy rain and some flooding — but not under a hurricane warning, because the worst part of the storm is forecast to miss the popular vacation spot.

Willa is expected to hit an underpopulated region of Southwest Mexico, staying well north of Puerto Vallarta.

Dangerous storm surge may threaten the coasts of the Isla Marias and west-central and southwestern Mexico on Tuesday.

The heavy rain may bring flash flooding and landslides to much of southwestern and west-central Mexico.

Some regions could see up to 18 inches of rain.

Willa is then expected to weaken after passing over the Sierra Madre mountains, and the remnants of the storm will likely bring significant rainfall to Texas.

Some portions of southern and central Texas could see as much as 4 inches of rain this week.

Heavy rain also is possible in Louisiana and Mississippi.

Fannie Mae: New Servicing APIs; SMDU Enhancements; and More

Check out the redesigned Developer Portal and new servicing APIs

The redesigned Fannie Mae Developer Portal provides quick and easy access to our suite of API products, including this month’s new APIs: Loan-Level Draft Notifications, which returns draft notifications data for servicers from five existing Fannie Mae Connect™ reports, and Technology Services Invoices, which automates the manual process performed to ingest, reconcile, and look up amounts on open invoices. Visit developer.fanniemae.com to view the portal, browse APIs, and find out how to get started.

Enhancements to SMDU coming this weekend

This weekend, we will implement enhancements to Servicing Management Default Underwriter™ (SMDU™). During implementation, SMDU will be unavailable to process transactions, from Friday, Oct. 26 at 10 p.m. ET through Saturday, Oct. 27 at 5 p.m. ET. For more information, please refer to the release notes or contact your Fannie Mae Servicing Account Manager.

Updated Fraud Alert: Misrepresentation of Borrower Employment

We have made further updates to the Fannie Mae fraud alert, “Misrepresentation of Borrower Employment,” originally posted on May 24, which identified apparently fictitious employers being used on loan applications in Southern California. We have added five more apparently non-existent employers. View the updated fraud alert and other resources on our Mortgage Fraud Prevention page.

Join us at these upcoming events:
Oct. 28-31 | 24th Annual CUNA Lending Council Conference | Anaheim, CA
Nov. 2-5 | NAR Annual Conference | Boston
Nov. 5-7 | NAFCU Lending Conference | St. Petersburg, FL

View more events.

Recent Tweets

In September’s #Multifamily Commentary, we’re debunking myths about the multifamily housing market! https://bit.ly/2SflKrZ

Oct. 24

In underserved communities, we believe the prescription for a healthy lifestyle includes affordable housing. Submit your big ideas to the #FannieMaeChallenge today and tell us how you’re creating healthier, more affordable homes. http://bit.ly/2yWJ9Wk

Oct. 23

Super Typhoon Yutu, the Most Powerful Tropical Cyclone on Earth in 2018, Barrels Towards Northern Mariana Islands

Updated 10/26/18: On October 26, 2018, FEMA issued a Presidential Major Disaster Declaration for areas in the Commonwealth of the Northern Mariana Islands affected by Super Typhoon Yutu beginning on October 24, 2018 and continuing.

Link to Industry Alert

Updated 10/23/18: FEMA issued an Emergency Declaration for the Commonwealth of the Northern Mariana Islands due to the emergency conditions in the area affected by Typhoon Yutu beginning on October 24, 2018 and continuing.

Link to declaration

Link to associated ZIP Code list

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

Updated 10/23/18: As reported by FEMA, an emergency declaration has been issued by Guam Governor Eddie Baza Calvo.

To view a ZIP Code list associated with Governor Calvo’s declaration, please click here.

To view a special bulletin from the Guam Homeland Security Office of Civil Defense, click here.

NOTE: This is independent from any FEMA Declared Disaster.

All Client Alert
October 24, 2018

Source: AccuWeather

Super Typhoon Yutu will bring risks ranging from flooding and destructive winds and dangerous seas to Guam and the Northern Mariana Islands.

Yutu quickly strengthened from a tropical depression on Sunday into a super typhoon by Wednesday as it became the strongest tropical cyclone so far this year.

A direct hit is expected on Tinian and Saipan on Wednesday night, dealing a catastrophic blow to both islands.

A northwest track into Thursday will take the center of the tropical cyclone across both Tinian and Saipan, bringing winds in excess of 240 km/h (150 mph).

Winds of this magnitude can completely destroy homes and businesses and leave areas without power for a week or longer.

While Guam and Rota are expected to dodge the worst impacts, there can still be damaging winds across Rota and locally damaging winds across Guam into Thursday.

Both islands will also endure frequent downpours capable of causing flooding and travel disruptions.

Flooding rainfall will be a concern across Tinian and Saipan, where 100-200 mm (4-8 inches) of rain and an AccuWeather StormMax™ of 250 mm (10 inches) are expected. Rainfall across Guam and Rota is expected to total 50-100 mm (2-4 inches).

The largely uninhabited islands from Farallon de Medinilla to Farallon de Pajaros will also be at risk for powerful winds and flooding.

Dangerously rough seas will continue to batter areas around Guam and the Northern Mariana Islands into Thursday night before improving this weekend.

Prior to Yutu’s arrival, residents of Guam and the Northern Mariana Islands are being urged to review typhoon preparation plans. Be ready for these plans to have to be put into place and the potential for disruptions to daily routines.

After affecting Guam and the Northern Mariana Islands, Yutu continues on a west to northwest track into next week.

Yutu is forecast to maintain super typhoon status into this weekend and will remain a dangerous tropical cyclone as it approaches parts of Asia next week.

Areas from the Philippines to Japan should remain on alert for potential impacts from this dangerous tropical cyclone next week.

Nor’easter Brings Flooding, Power Outages from New Jersey to Maine

All Client Alert
October 28, 2018

Source: The Weather Channel

Additional Resource: NOAA Coastal County ZIP Code List (Northeast region)

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

Areas from New Jersey to Maine saw street flooding and power outages as a nor’easter raked the coast on Saturday.

Tens of thousands of customers lost electricity at various times as powerful winds knocked over trees and downed power lines.

In Middletown, New Jersey, four people had to be rescued from a car caught in deep water on Wilson Avenue, the Asbury Park Press reported.

“As we went along, the waves were coming in,” passenger Abby Cimmino told the newspaper. “Then we thought we could reverse out of it. But when the water started coming into the car, we opened the windows up and sat on the windows.”

Firefighters used a large military truck to drive into the water and rescue the four people.

Saturday afternoon, the U.S. Coast Guard continued searching for a man who reportedly fell overboard earlier in the day from a container ship, the Northern Jaguar, in New York’s Ambrose Channel. The 35-year-old man was arranging a pilot ladder in rough seas.

The strong winds blasted cars in along the coast in Massachusetts, with wet sand, leaving them looking as if they were covered in snow.

In the village of Freeport, New York, several feet of water flowed along the Nautical Mile, Newsday reported.

“It’s the highest amount of water we’ve had since Sandy,” Mayor Robert T. Kennedy told the newspaper.

In other parts of Long Island, several streets were flooded in Island Park, and one intersection was flooded with 3 feet of water, the National Weather Service said. Downed trees caused hundreds of power outages on Long Island.

The Peconic River spilled over into a park in Southampton, submerging cars and rising to the top of picnic tables, Southampton Town Supervisor Jay Schneiderman told Newsday.

The Long Island Rail Road suspended the Long Beach Branch in both directions between Valley Stream and Long Beach for several about two hours because of flooding on the tracks near Island Park Station.

WNBC in New York reported that speed limits were dropped to 35 mph on the Goethals Bridge from Staten Island to Elizabeth, New Jersey, and the Outerbridge Crossing from Staten Island to Perth Amboy because of high wind and rain.

All northbound lanes of FDR Drive were closed from East 80 Street to East 96 Street because of flooding.

In New Jersey, Hoboken Terminal was flooded and several train platforms were under water.

Tidal flooding also threatened homes in Ventnor City, and the Dorset Avenue Bridge there was closed, according to the National Weather Service.

Several houses were flooded in Manasquan, and one person had to be helped from a home. A number of roads in the town were closed. Coastal flooding also was pushing water toward homes in Tuckerton Beach and Sea Bright, and they lapped at buildings in Avalon and Stone Harbor.

The Asbury Park Press reported tidal flooding in Point Pleasant, Long Beach Township and Little Egg Harbor, along with downed trees throughout Ocean County.

WABC-TV reported that the powerful wind gusts knocked down trees and power lines in Warren Township, New Jersey. Downed trees closed all lanes State Highway 50 in Estell Manor.

The Ocean City-Longport Bridge was closed, and police were directing motorists to the Atlantic City Expressway. Numerous streets and highways were closed for hours at a time.

In Connecticut, the Fairfield Fire Department helped evacuate residents of Fairfield Beach Road, according to the Register Citizen. A number of shorefront roads in Westport were closed because of flooding.

The newspaper listed these communities as having minor flooding problems: Bridgeport, New Haven, Milford, Stratford, West Haven, East Haven, Branford, Norwalk, Stamford, Greenwich, Madison, and Westbrook.

Two ferry lines that travel between Connecticut and New York across Long Island Sound canceled some Saturday service, the Hartford Courant reported. The Bridgeport-Port Jefferson ferry suspended all trips from 6 a.m. to 3 p.m.

More than 8,000 customers lost power in Maine because of the storm, the Associated Press reported.

FEMA Declared Disaster South Carolina

FEMA Alert Update
October 24, 2018

FEMA issued an update to a Presidential Major Disaster Declaration for areas in South Carolina affected by Hurricane Florence from September 8 to October 8, 2018. The following county is eligible for assistance:

Public Assistance

  • Jasper

FEMA Release: Declared Disaster Amendment for South Carolina

ZIP Code List for FEMA Declared Disaster for South Carolina


FEMA Alert Update
October 16, 2018

FEMA issued an update to a Presidential Major Disaster Declaration for areas in South Carolina affected by Hurricane Florence from September 8 to October 8, 2018. The following counties are eligible for assistance:

Public Assistance

  • Calhoun
  • Clarendon
  • Colleton
  • Lancaster

FEMA Release: Declared Disaster Amendment for South Carolina

ZIP Code List for FEMA Declared Disaster for South Carolina


FEMA Alert Update
October 9, 2018

FEMA issued an update to a Presidential Major Disaster Declaration for areas in South Carolina affected by Hurricane Florence beginning on September 8, 2018 and continuing. The action closes the incident period on October 8, 2018.

FEMA Release: Declared Disaster Amendment for South Carolina


FEMA Alert Update
October 2, 2018

FEMA issued an update to a Presidential Major Disaster Declaration for areas in South Carolina affected by Hurricane Florence beginning on September 8, 2018 and continuing. The following counties are eligible for assistance:

Individual Assistance

  • Darlington
  • Florence

FEMA Release: Declared Disaster Amendment for South Carolina

ZIP Code List for FEMA Declared Disaster for South Carolina


FEMA Alert Update
September 26, 2018

FEMA issued an update to a Presidential Major Disaster Declaration for areas in South Carolina affected by Hurricane Florence beginning on September 8, 2018 and continuing. The following county is eligible for assistance:

Individual Assistance

  • Georgetown

FEMA Release: Declared Disaster Amendment for South Carolina

ZIP Code List for FEMA Declared Disaster for South Carolina


FEMA Alert Update
September 25, 2018

FEMA issued an update to a Presidential Major Disaster Declaration for areas in South Carolina affected by Hurricane Florence beginning on September 8, 2018 and continuing. The following counties are eligible for assistance:

Individual Assistance

  • Chesterfield

Public Assistance

  • Chesterfield
  • Darlington
  • Florence
  • Sumter

FEMA Release: Declared Disaster Amendment for South Carolina

ZIP Code List for FEMA Declared Disaster for South Carolina


FEMA Alert Update
September 21, 2018

FEMA issued an update to a Presidential Major Disaster Declaration for areas in South Carolina affected by Hurricane Florence beginning on September 8, 2018 and continuing. The following counties are eligible for assistance:

Individual Assistance

  • Dillon
  • Horry
  • Marion
  • Marlboro

Public Assistance

  • Dillon
  • Marlboro

FEMA Release: Declared Disaster Amendment for South Carolina

ZIP Code List for FEMA Declared Disaster for South Carolina


FEMA Alert
September 16, 2018

FEMA issued a Presidential Major Disaster Declaration for areas in South Carolina affected by Hurricane Florence beginning on September 8, 2018 and continuing. The following counties are eligible for assistance:

Public Assistance

  • Berkeley
  • Charleston
  • Dorchester
  • Georgetown
  • Horry
  • Marion
  • Orangeburg
  • Williamsburg

FEMA Release: Declared Disaster for South Carolina

ZIP Code List for FEMA Declared Disaster for South Carolina

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

VA: VALERI Servicer Newsflash

IMPORTANT INFORMATION

Circular 26-18-23, Special Relief Following Hurricane Michael, was issued on October 15, 2018, and is located on the VALERI internet at https://www.benefits.va.gov/homeloans/servicers_valeri.asp.

Reporting on Loans Impacted by Natural Disaster – Servicers should not report an Electronic Default Notification (EDN) event on current loans that are impacted by a natural disaster. The EDN event should only be reported prior to the 61st day of delinquency, with “Property Problems” as the reason for default, if there has been contact with the Veteran and they plan to abandon the property or pursue an alternative to foreclosure. When the loan reaches the 61st day of delinquency, servicers should use “Casualty Loss” as the reason for default when reporting the EDN event. This will assist VA in identifying loans that defaulted as a result of a natural disaster (VA Servicer Handbook M26-4, Chapters 2 and 21).

VALERI Down Time – On Sunday, October 28, 2018, the VALERI application will be unavailable from 6:00 AM EST to 9:00 AM EST.

VALERI Reports – Black Knight will be updating the VALERI reports database starting on Friday, November 9, 2018, at 8:00 PM EST until Sunday, November 11, 2018, at 12:00 PM EST. Reports will not be available during this time. Existing scheduled reports will be saved but will not “run” after the update. Therefore, users should retain a copy of their saved scheduled report queries by November 9, 2018, to reschedule the reports after November 11, 2018.

FEMA Declared Disaster Georgia

FEMA Alert Update
November 15, 2018

FEMA issued an update to a Presidential Major Disaster Declaration for areas in Georgia affected by Hurricane Michael from October 9-23, 2018. The following counties are eligible for assistance:

Public Assistance

  • Hancock
  • Tattnall

 

FEMA Release: Declared Disaster Amendment for Georgia

ZIP Code List for FEMA Declared Disaster for Georgia


FEMA Alert Update

November 7, 2018

FEMA issued an update to a Presidential Major Disaster Declaration for areas in Georgia affected by Hurricane Michael from October 9-23, 2018. The following counties are eligible for assistance:

Public Assistance

  • Montgomery
  • Telfair

 

FEMA Release: Declared Disaster Amendment for Georgia

ZIP Code List for FEMA Declared Disaster for Georgia


FEMA Alert Update

November 1, 2018

FEMA issued an update to a Presidential Major Disaster Declaration for areas in Georgia affected by Hurricane Michael from October 9-23, 2018. The following counties are eligible for assistance:

Public Assistance

  • Appling
  • Atkinson
  • Bacon
  • Ben Hill
  • Berrien
  • Brooks
  • Bulloch
  • Candler
  • Chattahoochee
  • Clay
  • Coffee
  • Cook
  • Crawford
  • Echols
  • Evans
  • Glascock
  • Irwin
  • Jeff Davis
  • Jones
  • Marion
  • Peach
  • Putnam
  • Quitman
  • Randolph
  • Schley
  • Sceven
  • Stewart
  • Tift
  • Toombs
  • Twiggs
  • Washington
  • Webster
  • Wheeler
  • Wilkinson

 

FEMA Release: Declared Disaster Amendment for Georgia

ZIP Code List for FEMA Declared Disaster for Georgia


FEMA Alert Update

October 25, 2018

FEMA issued an update to a Presidential Major Disaster Declaration for areas in Georgia affected by Hurricane Michael beginning on October 9, 2018 and continuing. The following counties are eligible for assistance:

Individual Assistance

  • Calhoun
  • Clay
  • Laurens
  • Randolph
  • Sumter
  • Tift
  • Turner

FEMA Release: Declared Disaster Amendment for Georgia

ZIP Code List for FEMA Declared Disaster for Georgia


FEMA Alert Update
October 23, 2018

FEMA issued an update to a Presidential Major Disaster Declaration for areas in Georgia affected by Hurricane Michael beginning on October 9, 2018 and continuing. The action closes the incident period on October 23, 2018.

FEMA Release: Declared Disaster Amendment for Georgia


FEMA Alert Update
October 16, 2018

FEMA issued an update to a Presidential Major Disaster Declaration for areas in Georgia affected by Hurricane Michael beginning on October 9, 2018 and continuing. The following counties are eligible for assistance:

Individual Assistance

  • Crisp
  • Grady
  • Lee
  • Mitchell
  • Terrell
  • Thomas
  • Worth

FEMA Release: Declared Disaster Amendment for Georgia

ZIP Code List for FEMA Declared Disaster for Georgia

MapAlert Disaster Viewer


FEMA Alert
October 14, 2018

FEMA issued a Presidential Major Disaster Declaration for areas in Georgia affected by Hurricane Michael beginning on October 9, 2018 and continuing. The following counties are eligible for assistance:

Individual Assistance

  • Baker
  • Decatur
  • Dougherty
  • Early
  • Miller
  • Seminole

Public Assistance

  • Baker
  • Bleckley
  • Burke
  • Calhoun
  • Colquitt
  • Crisp
  • Decatur
  • Dodge
  • Dooly
  • Dougherty
  • Early
  • Emanuel
  • Grady
  • Houston
  • Jefferson
  • Jenkins
  • Johnson
  • Laurens
  • Lee
  • Macon
  • Miller
  • Mitchell
  • Pulaski
  • Seminole
  • Sumter
  • Terrell
  • Thomas
  • Treutlen
  • Turner
  • Wilcox
  • Worth

 

FEMA Release: Declared Disaster for Georgia

ZIP Code List for FEMA Declared Disaster for Georgia

MapAlert Disaster Viewer

Additional Resources

FEMA’s web site

FEMA’s Disaster Declaration Process

Safeguard Properties All Client Alerts

HUD Moratorium on Foreclosure

VA’s Policy Regarding Natural Disasters

Freddie Mac Disaster Relief Policies

Fannie Mae’s Natural Disaster Relief Policies

Why the Pennsylvania Anti-Blight Bills Make Good Sense

Safeguard in the News
June 19, 2018

Source: DS News

Two key bills, HB 653 and 667, amending Title 68 (Real and Personal Property) of the Pennsylvania Consolidated Statutes were recently signed into law by Gov. Tom Wolf. The bills are aimed at combating urban blight and expediting foreclosure processes for vacant and abandoned properties.

“These bills are important to help local communities more swiftly address blight and I commend the bipartisan Blight Task Force for its continued dedication to this important cause,” Wolf said after signing these bills.

Both these bills are an important piece of legislation and make Pennsylvania the third state after Ohio and Maryland to implement fast-track foreclosure laws, something the industry has been asking the government to implement for a long time.

HB 653 provides for an accelerated foreclosure process for vacant and abandoned property. The current foreclosure process in Pennsylvania can take anywhere from 300 to 540 days. The new legislation aims to reduce this timeframe by 240 days by providing “a process to have a property certified as vacant and abandoned, either by a municipal code officer or through judicial certification, before an expedited foreclosure may commence.” The legislation also specifies the process a lender must follow when using expedited foreclosure on these properties.

In an interview with DS News in November 2017, the late Robert Klein, Founder, and Chairman of Community Blight Solutions and Safeguard Properties had said that a house became a liability once it was abandoned. “Fast-tracking enables the mortgage servicer to get possession of the property before it deteriorates. This directly leads to on-time conveyance and faster rehab and sale,” said Klein, who had championed the cause of fighting urban blight in Pennsylvania.

HB 667, which was introduced in the House by Sen. Patrick J. Stefano grants redevelopment authorities with the same powers currently allotted to land banks through the Pennsylvania Land Bank Act. “This proposal will in no way eliminate the ability of a community to create a land bank or affect existing land banks in any way,” the bill states.

“The Bicameral Urban Blight Task Force has worked for many years to see these urban blight bills become law in Pennsylvania,” said Gene G. Veno, President of Gene G. Veno & Associates. “I was honored to represent Robert Klein, who advocated for passage of urban blight laws to help communities with the growing problems blight was causing in Pennsylvania and communities nationwide. Klein would have been so pleased to see both Pennsylvania Urban Blight Bills enacted. His passion and advocacy made a difference, not only in Pennsylvania but in state houses all across America.”

Rick Sharga, EVP, Carrington Mortgage Holdings, told DS News, “Vacant and abandoned properties—so-called ‘zombie foreclosures’—have become an unfortunate byproduct of well-intended regulatory and legislative actions that have extended foreclosure proceedings in judicial states to several hundred or even over 1,000 days. This new Pennsylvania law will help lenders and servicers prevent blight or expedite the restoration of deteriorated properties, getting them back in condition to sell or rent, and eliminating the safety hazard that these vacant properties often represent. Accelerating foreclosure proceedings on vacant and abandoned properties is a win for all parties involved: neighborhoods, communities, and local governments, in addition to lenders and servicers.”

“This new bipartisan legislation is a significant improvement to the fight against blight, as well as serving to eliminate the accompanying delayed and costly foreclosure process that came with vacant or abandoned properties,” said Stephen Hladik, Partner at Hladik, Onorato, and Federman. “Cities throughout the Commonwealth carried a significant cost—as well as a budgetary depletion—in having to maintain vacant properties. The new procedures put in place by this law gives servicers and lenders the opportunities to fast-track foreclosures of vacant properties, and quicken the pace lenders can restore these homes to the tax producing rolls.”

Safeguard’s Power Players

Safeguard in the News
February 1, 2018

Power Players:  Service Providers

Safeguard Properties Management, LLC.

Mortgage service providers walk a tightrope of regulatory demands that they must meet while delivering a full spectrum of services and solutions to their clients. In this section, we profile five companies creating new products, new efficiencies and new opportunities in a dynamic mortgage servicing market.

The COMPANY
Safeguard Properties, founded in 1990 by Robert Klein, provides its clients with excellence in the field services industry through leadership on key issues, ongoing training for employees and resources for contractors, the development of industry-leading technologies and providing outstanding client service.

Technology plays a strategic role at Safeguard, which inspects and preserves vacant and foreclosed properties throughout the U.S. The company is proactive in developing technologies to ensure compliance with local, state, and federal regulations and in creating systems to assure the highest rate of clean audit findings.

“Safeguard has long been in the forefront of bringing creative thinking to the industry,” said Alan Jaffa, Safeguard CEO. “By critically looking at current issues and those on the horizon, Safeguard provides solutions to minimize risks to clients and properties.”

The company’s technologies improve quality of work using geo-location services, big data analytics and workflow distribution, state-of-the-art data centers and mobile capabilities.

And Jaffa credits the company’s philosophy — Customer Service = Resolution — as the foundation of Safeguard’s success. Jaffa said the phrase is more than just a motto; it’s a promise to deliver the highest level of quality service.

“Safeguard has identified critical issues within the industry, convened national discussions, and led working groups with representation from the mortgage industry, the field services industry, and government to find resolutions,” Jaffa said.

“In addition, Safeguard hosts the annual National Property Preservation Conference, bringing together industry leaders to discuss current issues and to develop solutions.”

By introducing major advances in its mobile platform, the company is creating a real-time two-way conversation with its contractors, who can now capture the property condition in real-time from the property and communicate it back to Safeguard within minutes.

The company’s next goal is to work with mortgage servicers and investors to extend this automation into their back-office workflow, enabling them to have better visibility and make important time-sensitive decisions.

The EXECUTIVES
ROBERT KLEIN, FOUNDER AND CHAIRMAN
Robert Klein is the founder and chairman of the board for Safeguard. Under Klein’s leadership, Safeguard grew from a handful of employees in 1990 into the largest field services company in the industry. Klein assumed the role of chairman in May 2010.

Klein serves as chair of the National Vacant Properties Registration Committee of the MBA and he represents not only Safeguard, but the industry as a whole in national associations including MBA, USFN, CMBA and REOMAC. He also is the founder of the National Property Preservation Conference.

In 2009, Klein received the prestigious Ernst & Young Entrepreneur of the Year Award.

ALAN JAFFA, CHIEF EXECUTIVE OFFICER
Alan Jaffa is the CEO for Safeguard, a role he assumed in May 2010. Previously he served as chief operating officer. 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 complementary markets.

Since joining Safeguard in 1995, Jaffa has worked in virtually every department of the company. Under his leadership, Safeguard has doubled in size and, in 2010 and 2011, was recognized as the fastest-growing large company in Northeast Ohio.

GREGORY ROBINSON, CPA, CHIEF FINANCIAL OFFICER AND EXECUTIVE VICE PRESIDENT
Gregory Robinson directs all accounting and financial management activities for Safeguard, as well as overseeing quality assurance, information security, internal audit, corporate communications and support services. He also serves on the board of advisors for SCG Partners. Prior to joining Safeguard, Robinson led successful consulting practices at CGI Inc., NetGov Inc. and ORION Consulting.

In 2010, Robinson was recognized by Crain’s Cleveland Business as CFO of the Year.

FAST FACTS:

  • Founded in 1990 by Robert Klein and based in the suburbs of Cleveland, Ohio.
  • The leading mortgage default field services company in the U.S.
  • Safeguard provides its clients with excellence in the industry through leadership on key issues, ongoing training for employees, resources for contractors, the development of industry-leading technologies, and providing outstanding client service. Safeguard will remain true to its founding spirit and corporate motto of Customer Service = Resolution.

Source: HousingWire (Power Players: Service Providers [pdf])

Proposals from Cuyahoga and Lorain community colleges to offer bachelor’s degrees move forward

Safeguard in the News
December 12, 2017

CLEVELAND, Ohio – Plans for Cuyahoga Community College and Lorain County Community College to offer bachelor’s degrees have gained initial approval from the Ohio Department of Higher Education.

Tri-C’s proposed bachelor in applied science in data integration/database administration and LCCC’s proposed bachelor’s of applied science in microelectronic manufacturing will likely be submitted for approval to the Higher Learning Commission following a public comment period that ends Dec. 22, the education department said in a statement.

The programs, and seven others, were submitted for review this fall following approval of the two-year state budget, which included a provision allowing for community colleges to offer select applied bachelor’s degrees if a university is unable to offer training to meet the need of local businesses.

Ohio joined more than 20 other states that authorized community colleges to offer applied bachelor’s degrees.

Tri-C said in its application that no four-year program in data integration/database administration exists in Northeast Ohio, and many jobs have gone unfilled because of the lack of skilled workers.

The college said it has partnered with the Cleveland Museum of Art and Safeguard Properties, which will help develop job opportunities for graduates.

LCCC trustees approved a resolution to support of the design and launch of the applied bachelor’s degree in microelectronic manufacturing before the budget was approved.

“We are extremely excited to be selected,” LCCC President Marcia Ballinger said in a statement following the education department announcement. “Our students will have the opportunity to complete a pathway from certificate to bachelor’s degree in this highly specialized field that offers strong employment opportunities in our region.”

Microelectronic manufacturing is an interdisciplinary field that combines mechanical and electrical engineering technology with science, mathematics and communications, the college said in its application. This emerging advanced manufacturing field helps companies make products and processes “smart” by embedding sensors and micro electromechanical systems.

Source: cleveland.com (full article)

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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