All Client Alerts

Keeping ahead of frequent industry changes is essential for mortgage servicers.  Falling behind is not an option.  Failure to comply with changes in regulations, legislation, guidelines and other issues can be costly and time-consuming. 

This is why Safeguard provides its “All Client Alert” email newsletter, designed to keep you informed as changes occur.

Click here to subscribe to Safeguard’s “All Client Alert.”

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American Banker As Freezes Expire, Foreclosures to Soar
January 30th, 2009
Safeguard Properties was mentioned in an article on American Banker regarding delinquencies in mortgage payments and the trend in foreclosures in 2009.
Baltimore abc2news.com - Unemployed Reinvent Yourself
January 30th, 2009
Safeguard Properties was mentioned in an article on Baltimore's abc2news.com regarding employment opportunities.
DSNews 2008 Year in Review Issue
January 30th, 2009
Robert Klein, CEO of Safeguard Properties, contributed an article to the 2008 Year in Review issue of DSnews. The article is available on DSnews.com.
Fannie Mae Temporary Evictions Suspension Extension Announcement
January 30th, 2009

In a Press Release dated January 30th, Fannie Mae announces an extension of the previously reported program suspending evictions from occupied singlefamily properties. (Please note: Previously announced terms of foreclosure sale halt remain unchanged. Press Release strictly relates to evictions.)

FHLMC Evictions Suspension Extension and Rental Option Announcement
January 30th, 2009

In a Press Release dated January 30th, Freddie Mac announces;

  • An extension of the previously reported program suspending evictions triggered by foreclosures on single family properties with Freddie Mac-owned mortgages (Please note: Previously announced terms of foreclosure sale halt remain unchanged. Press Release strictly relates to evictions.)
  • REO Rental Option - a new strategy to offer qualified owner-occupants and tenants leases so they can rent the properties on a month-to-month basis after foreclosure.
CNNMoney "Unemployed - reinvent yourself"
January 28th, 2009
Safeguard was mentioned in a report on CNNMoney as a source of employment opportunities in a difficult economy. 
Coatesville PA Arson State of Emergency
January 28th, 2009

Coatesville PA (19320) is under a state of emergency due to increasing occurences of arsons at vacant properties.
Following is a report from AOL News along with a link to a CNN  story on the latest fire which occured on 1/27/09.

Federal Reserve Foreclosure Prevention
January 28th, 2009

The Federal Reserve has adopted a program to stem increases in foreclosures. As discussed in the following article in The Washington Post a primary component of the program is the reduction in principal balances.

Massachusetts Second Hand Metals Registry (SHMR) and Abandoned Property Registry - (MAP)
January 28th, 2009

Massachusetts Attorney General Martha Coakley has filed two pieces of legislation pertaining to urban blight issues.

Inman News REO Inventories
January 26th, 2009
In a 2-Part series Inman News  focuses on what is expected to be drastic increases to REO inventories in the upcoming months.
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