Safeguard Properties

Archives For: MBA

MBA Says Delinquencies Fall Below Historic Levels

A major report on loan performance has confirmed that homeowners are recovering rapidly from the pandemic.

10 Feb 2022

MBA Survey: “Share of Mortgage Loans in Forbearance Decreases to 2.28%”

The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 34 basis points from 2.62% of servicers’ portfolio volume in the prior week to 2.28% as of October 10, 2021.

18 Oct 2021

MBA Launches Member Action Pledge to Promote Minority Homeownership, Affordable Rental Housing, DEI

Kristy Fercho, MBA Chairman, and Executive Vice President and Head of Home Lending at Wells Fargo, today announced the Home for All Pledge, a Mortgage Bankers Association member company action pledge to promote minority homeownership; affordable rental housing; and company diversity, equity, and inclusion.

18 Oct 2021

MBA: Mortgage Applications Increase in Latest Weekly Survey

Mortgage applications increased 0.3 percent from one week earlier, according to data from the MBA Weekly Mortgage Applications Survey for the week ending September 10, 2021.

15 Sep 2021

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

MBA: Mortgage Delinquencies Decrease in Fourth Quarter of 2019

The Mortgage Bankers Association (MBA) highlighted key findings from its fourth quarter 2019 National Delinquency Survey.

11 Feb 2020

Mortgage Industry Calls for Servicing Regulation Uniformity in New York

National Mortgage News published an article discussing a joint letter from the MBA and NYBA that highlights discrepancies in the New York Department of Financial Services’ suggested changes to 3 NYCRR 419. The regulation covers business conduct rules for servicing mortgage loans.

1 Jul 2019

MBA’s National Mortgage Servicing Conference & Expo 2019

February 25-28 Orlando, FL Safeguard is proud to introduce New York Times Best-Selling Author Janine Driver at the MBA National Mortgage Servicing Conference Feb. 25-28, 2019 in Orlando, Fla., as part of our Diamond sponsorship. Join us as we lead a roundtable discussion on the New York Zombie Properties Law from 2-5 p.m. on Feb. […]

25 Feb 2019

Mortgage Industry Chief Gets Some Federal Employees Back to Work with Pay

The Real Deal posted an article (originally published by The Washington Post) highlighting the recent lobbying efforts of Mortgage Bankers Association (MBA) President and CEO Robert Broeksmit.

13 Jan 2019

Fannie Mae: New APIs Available; Updated Fraud Alert; and More

Fannie Mae issued a release highlighting information relevant to servicers and sellers.

11 Jul 2018

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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