Safeguard Properties

Archives For: Industry Alert

FHFA: Foreclosure Prevention Report – Second Quarter 2020

The Federal Housing Finance Agency (FHFA) issued its second quarter 2020 Foreclosure Prevention and Refinance Report.

24 Sep 2020

Beta’s Remnants Spreading Heavy Rain Across Southeast

The Weather Channel published a report offering the latest updates on Tropical Storm Beta, which has become a post-tropical system and is spreading heavy rain across the Southeast U.S.

23 Sep 2020

Hurricane Teddy Expected to Miss Maine

WMTW ABC 8 issued a report offering an update on Hurricane Teddy, which is moving northeast near the U.S. East Coast.

21 Sep 2020

HUD: FHA INFO #20-68: Pre-Recorded Servicing and Loss Mitigation Webinar

The U.S. Department of Housing and Urban Development (HUD) announced that the pre-recorded Servicing and Loss Mitigation for FHA-Insured Mortgages in Presidentially-Declared Major Disaster Areas webinar has been posted on the Single Family Housing Archived Webinars page, and is now available for viewing.

18 Sep 2020

HUD: FHA INFO #20-67: HERMIT System Update

The U.S. Department of Housing and Urban Development (HUD) announced updates to the Home Equity Reverse Mortgage Information Technology (HERMIT) system’s file format and layout.

16 Sep 2020

FEMA Declared Disaster Louisiana

FEMA issued an update to a Presidential Major Disaster Declaration for areas in Louisiana affected by Hurricane Laura from August 22-27, 2020.

12 Sep 2020

FHA INFO #20-66: HERMIT System Submissions for COVID-19 Related Extensions

The U.S. Department of Housing and Urban Development (HUD) announced software updates to the Home Equity Reverse Mortgage Information Technology (HERMIT) system, which allows servicers to submit extensions related to the Presidentially-Declared COVID-19 National Emergency for Home Equity Conversion Mortgages. The extension of the foreclosure and eviction moratorium were published in Mortgagee Letter 2020-27.

10 Sep 2020

FEMA Declared Disaster Puerto Rico

FEMA issued a Presidential Major Disaster Declaration for areas in Puerto Rico affected by Hurricane Isaias from July 29-31, 2020.

9 Sep 2020

VA: Circular 26-20-34: Special Relief Following Hurricane Laura

The VA issued a release that expresses concern about VA home loan borrowers affected by Hurricane Laura, and describes measures mortgagees may employ to provide relief.

4 Sep 2020

HUD: FHA INFO #20-64: Guidance Regarding Presidentially-Declared Major Disaster Areas During the COVID-19 Pandemic

HUD provided clarification to mortgagees about its guidance for originating and/or servicing FHA-insured forward mortgages in the U.S. and its territories when a Presidential Major Disaster Declaration is issued during the COVID-19 pandemic.

2 Sep 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