| VA Loan Servicing and Claims Procedures Modifications Update |
| Thursday, 07 June 2007 | |
|
As previously discussed, the Department of Veterans Affairs (VA) has issued a second supplemental notice regarding a proposal to amend the Loan Guaranty regulations related to several aspects of the servicing and liquidating of guaranteed housing loans in default, and submission of guaranty claims by loan holders. The following additionals documents have been posted to the VALERI (VA Loan Electronic Reporting Interface) page.
#### Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, OH 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 425 employees. 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., the Virgin Islands, and Puerto Rico. |

