Some Oklahomans Support Bill to Ban Vacant Property Registries

On February 25, NewsOK.com published an article titled Oklahoma Realtors, Other Business Groups Support Bill Banning Cities from Registering Vacant Properties.

Link to OK HB 2620 Proposed Text and Summary.  Following is the aforementioned article.

Oklahoma Realtors, other business groups support bill banning cities from registering vacant properties

Oklahoma House bill would reject municipal ordinances requiring registry of vacant properties.

Oklahoma City’s new ordinance creating a registry for vacant property — paid for by the property owners — was too much for state Realtors, who call it an attack on property rights.

The Oklahoma Association of Realtors is leading support for a House bill to kill it and others support the effort. The Realtors, the Oklahoma State Home Builders Association, Oklahoma Credit Union Association, Oklahoma Bankers Association and Oklahoma Farm Bureau have come out for House Bill 2620, sponsored by Rep. Steve Martin, R-Bartlesville.

The Oklahoma City Council unanimously approved registration and fees — the Realtors call them fines — in December. The responding bill, which passed a House committee on a 6-4 vote last week, would prohibit property registries, include Oklahoma City’s. The bill goes next to the House floor.

The city ordinance was “presented as an effort to address abandoned and neglected property,” but it “mandates excessive fees, public registration requirements and expensive government inspections for well-maintained yet vacant property,” said Matt Robison, vice president of government affairs for the Oklahoma Association of Realtors.

The Realtors said other cities also are considering registries. Discussion of such a registry in Enid — and a draft copy of an ordinance — caused alarm among Realtors.

“This (Oklahoma City) ordinance has now become a model for other municipalities,” Robison said. “In an effort to protect property rights and keep local governments from overreach for the purpose of generating revenue, this bill assures that municipalities cannot mandate such registries.”

Oklahoma City officials estimated some 12,000 vacant or abandoned buildings in the city.

“Property ownership records are already public. Such registries represent overbearing governmental intrusion and do not protect property rights. Private property remains of great value to Oklahomans,” Robison said.

An Oklahoma City study last year cited rundown houses and commercial buildings as an across-the-board drag on property values. But, Robison said, vacant does not mean dilapidated, and he questioned city officials who would presume a vacant property to be a nuisance.

“There are many reasons a property may be vacant: a death in the family; foreclosure proceedings; commercial property awaiting a desired client; or a sentimental family farmhouse on property where a new residence is built,” Robison said.

Joe Pryor, immediate past president of the Oklahoma Association of Realtors, said a registry will do nothing “to solve a complex problem.”

“It is, more than anything, a revenue producer that allows for sweeping powers over what is considered vacant but not abandoned or neglected,” said Pryor, an agent with Redbud Realty & Associates in Edmond. “No matter how well intended, here’s the bottom line of this ordinance. Under certain circumstances, if you don’t sell your home within 30 days of moving out, you will be fined $285 plus the potential of $190 per month thereafter.

“No worthwhile economist would say this is a good idea. We all understand the importance of dealing with dilapidated property. That’s why Oklahoma statutes already have laws on the books allowing municipalities to tear them down.”

Jennifer Blackwell, government affairs director for the Greater Tulsa Association of Realtors, said the Realtors’ lobbying is in response to the Oklahoma Municipal League, which “mounted a campaign which included a ‘Call For Action,’ direct lobbying and verbal testimony. Our (The Realtors’) response mirrored that effort, which resulted in this narrow victory.”

She said a House member reported “feeling the pressure” from the Municipal League.

“We expect this to remain a difficult challenge throughout session,” Blackwell said.

Please click here to view the online article.

About Safeguard 
Safeguard Properties is the largest mortgage field services company in the U.S. Founded in 1990 by Robert Klein and based in Valley View, Ohio, the company inspects and maintains defaulted and foreclosed properties for mortgage servicers, lenders, and other financial institutions. Safeguard employs approximately 1,700 people, in addition to a network of thousands of contractors nationally. Website: www.safeguardproperties.com.

x

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.

x

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.

x

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.

x

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.

x

Business Development

Carrie Tackett

Business Development Safeguard Properties