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.
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. 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. He was promoted to chief operating officer in 2002, and was named CEO in May 2010. 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.Īlan joined Safeguard in 1995, learning the business from the ground up. Īlan Jaffa is the chief executive officer for Safeguard, steering the company as the mortgage field services industry leader. Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S. Located in Cleveland, Ohio and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees and a handful of contractors performing services in the Midwest, to a national company with over 700 employees. Safeguard Properties is the largest privately held field services company in the country. To view the online Letter, please click here.? If you have any questions, please contact your Freddie Mac representative or call (800) FREDDIE.
Seller/Servicers are required to understand and comply with all of the requirements in the Guide. The Seller also represents and warrants that it maintains the Exclusionary List and information contained on the Exclusionary List in a confidential manner.įor a more detailed understanding of general warranties and responsibilities, Seller/Servicers should consult Chapter 6 and 51 of the Guide. Loan officers, underwriters, appraisers, inspectors, developers, real estate agents, brokers, sellers, and buyersare a few examples included within this category. This category includes, but is not limited to, an employee of a Seller/Servicer, a third-party provider of services to a Seller/Servicer, or an employee of such third party. The Glossary of the Guide provides the following definition of Principal:Ī Principal, for purposes of Freddie Mac?s policy concerning the exclusion of certain persons from participating in transactions or doing business, directly or indirectly, with Freddie Mac, may be:Ī person or entity with critical influence on or substantive control over the origination orServicing of a Mortgage or any function related to the origination or Servicing of a Mortgage. The updated Freddie Mac Exclusionary List will be available on Loan Prospector? on August 22, 2009.Īs a reminder, Sections 6.11 and 51.3 of the Single-Family Seller/Servicer Guide (?Guide?) require Seller/Servicers to represent and warrant that they have not employed and will not employ any person listed on the Freddie Mac Exclusionary List as a Principal in connection with any Mortgage sold to Freddie Mac or in connection with any function related to such a sale.
#Freddie mac reo listing broker application update#
SUBJECT: Important Freddie Mac Off-cycle Update to the Exclusionary ListĮffective immediately, the Freddie Mac Exclusionary List has been updated and may be accessed today via the Freddie Mac Selling System (Selling System), MIDANET?, and MultiSuite. FHLMC Industry Letter Important Freddie Mac Off-cycle Update to the Exclusionary Listįreddie Mac has issued an Industry Letter titled, Important Freddie Mac Off-cycle Update to the Exclusionary List.
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