Safeguard Properties

Archives For: Fannie Mae

FHFA: Non-performing Loan Sales Report – December 2020

The Federal Housing Finance Agency (FHFA) released its report on the sale of non-performing loans by Fannie Mae and Freddie Mac.

15 Dec 2020

Fannie Mae: SVC-2020-07: Servicing Guide Updates

Fannie Mae announced that it is removing the property-level earthquake insurance requirement on mortgage loans on all Puerto Rico properties and on Guam properties constructed of masonry.

9 Dec 2020

FHFA: Principal Deputy Director Adolfo Marzol to Retire

The Federal Housing Finance Agency (FHFA) announced that Principal Deputy Director Adolfo Marzol will retire on December 18, 2020. Chris Bosland, FHFA senior advisor for regulation, will succeed Marzol as principal deputy director.

4 Dec 2020

FHFA: Foreclosure and REO Eviction Moratorium Extension

The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will extend the moratoriums on single-family foreclosures and real estate owned (REO) evictions until at least January 31, 2021.

2 Dec 2020

FHFA: 2020 Performance and Accountability Report

The Federal Housing Finance Agency (FHFA) released its annual Performance and Accountability Report, which details its activities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac during the 2020 fiscal year.

16 Nov 2020

Fannie Mae: SVC-2020-06: Servicing Guide Updates

Fannie Mae issued a release announcing updates to its Disaster Payment Deferral as well as miscellaneous revisions to terminology covering various topics.

10 Nov 2020

FHFA: Deputy Director for the Division of Resolutions Announced

The Federal Housing Finance Agency (FHFA) announced that Jason Cave has joined the agency as deputy director for the Division of Resolutions.

9 Nov 2020

Fannie Mae Lender Letter LL-2020-13: Automatic Reclassification of Delinquent MBS Mortgage Loans

Fannie Mae updated Lender Letter LL-2020-13 to provide procedural details for servicers related to the reclassification of delinquent MBS mortgage loans and to clarify effective dates.

28 Oct 2020

FHFA: Strategic Plan: Fiscal Years 2021 – 2024 Final

The Federal Housing Finance Agency (FHFA) released its 2021-2024 strategic plan, which reflects its priorities as a regulator of Federal Home Loan Banks and as a regulator and conservator of Fannie Mae and Freddie Mac.

27 Oct 2020

FHFA: Prepared Remarks of Mark Calabria at 2020 MBA Convention and Expo

The Federal Housing Finance Agency (FHFA) issued the prepared remarks of Director Mark A. Calabria at the 2020 Mortgage Bankers Association (MBA) Convention and Expo.

19 Oct 2020

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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