Archives For: Industry Update

Plans to Phase Out FEMA After 2025 Hurricane Season

President Trump said he plans to phase out FEMA after this year’s hurricane season, offering the clearest timeline of the administration’s long-term plan for the agency.

11 Jun 2025

U.S. Foreclosure Activity Sees a Slight Monthly Decrease in May 2025

ATTOM released its May 2025 U.S. Foreclosure Market Report, showing foreclosure filings down 1 percent from a month ago.

10 Jun 2025

Fannie and Freddie: Single Family Serious Delinquency Rates Decreased in April

Fannie Mae and Freddie Mac have both reported that single-family serious delinquency rates decreased in April 2025.

2 Jun 2025

Top 10 Counties with the Highest Zombie Foreclosure Rates in Q2 2025

ATTOM dives into the data behind their Q2 2025 Vacant Property and Zombie Foreclosure Report to uncover the top counties with the highest zombie foreclosure rates.

30 May 2025

U.S. Home Vacancy Rate Steady for 13th Straight Quarter

ATTOM released the second-quarter 2025 Vacant Property and Zombie Foreclosure Report, showing the vacancy rate remains around 1.3%.

29 May 2025

ICE First Look at Mortgage Performance: Foreclosure Activity Edges Higher Following Recent Record Lows

ICE has released its April 2025 First Look, which shows VA mortgages progressing through the foreclosure pipeline following the recent moratorium expiration.

23 May 2025

Climate Change Could Drive Flood of Foreclosures, Study Finds

A new study from First Street found that extreme weather linked to climate change could lead to hardships for homeowners and billions in losses for lenders.

23 May 2025

FEMA Rescinds Strategic Plan

FEMA Administrator David Richardson has rescinded the agency’s strategic plan, a comprehensive policy document that outlines the agency’s priorities.

21 May 2025

House Passes Bill to Establish Home Loan Safety Net Program at VA

The House has passed the VA Home Loan Program Reform Act, which would allow veterans who have fallen behind on VA mortgages to receive federal assistance.

19 May 2025

Foreclosure Rates by State – April 2025

As foreclosures continue to increase across the US, ATTOM has compiled data and ranked all 50 states based on foreclosure rates for April 2025.

16 May 2025

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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.

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.

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.

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.

Business Development

Carrie Tackett

Business Development Safeguard Properties