Archives For: property preservation
Pinpointing Property Preservation Hot Topics
The latest Five Star Institute Property Preservation Executive Forum newsletter featured a special Q&A with Safeguard Properties CEO Alan Jaffa. In it, Jaffa highlights this year’s Property Preservation Conference (NPPC) and touches on expected trends for the mortgage field services industry in 2021.
28 Dec 2020
Maine Law to Allow Mortgagees to Enter Vacant Properties
Recently, LD 1963/HP 1407 (An Act to Preserve the Value of Abandoned Properties by Allowing Entry by Mortgagees) was signed by Maine Governor Janet T. Mills. Taking effect on June 15 2020,, the bill amends provisions of state law that set the process by which a plaintiff in a foreclosure action may enter property that has been abandoned by the homeowner.
10 Apr 2020
Weight of the World: Challenges in Property Preservation
The November issue of DS News included an article that sheds light on how property preservation professionals are working to adapt and prosper amid a number of challenges faced by the industry. Featured are comments from Safeguard Properties CEO Alan Jaffa.
1 Nov 2019
Fannie Mae: AAA Matrix Updates
Fannie Mae announced updates to all AAA matrices per Servicing Guide Announcement SVC-2019-06.
11 Sep 2019
Fannie Mae: Clarification to Servicer Attorney Fees and Property Preservation Approvals
Fannie Mae has updated its Servicer Expense Reimbursement Job Aid to clarify attorney fees and property preservation approvals. Investor Pre-Approval (IPA) increases the published allowable for attorney fees, and cost and property preservation pre-approval replaces the published allowable fee.
1 Jul 2019
Fannie Mae: AAA Matrix Updates
Fannie Mae announced several updates across applicable AAA matrices.
19 Jun 2019
Gathering Storm: Preparing Homeowners for Natural Disasters
The June issue of DS News contained an article featuring a number of industry experts weighing in on natural disasters and how new technology can help them assist homeowners when they strike. Included are comments from Safeguard Properties Chief Operating Officer Michael Greenbaum.
10 Jun 2019
Exercising Caution in Property Preservation
On May 27, DS News published an article authored by McCalla Raymer Leibert Pierce (MRLP) Managing Partner Marcos Posada. In it, Posada explores Illinois vacant property laws and provides insight into the importance for servicers to engage properties cautiously.
27 May 2019
VA: VALERI Servicer Newsflash
The U.S. Department of Veterans Affairs (VA) issued a release containing important information for servicers. Included is clarification regarding property debris removal.
17 May 2019
Fannie Mae: Property Preservation Updates
Fannie Mae published changes to its Property Preservation Matrix and Reference Guide. Included are revisions for yard services, roof patch/repair, roof damages, and determining damages and inspecting properties impacted by disaster.
23 Apr 2019