| HUD Audit Missing Dump Receipt Issue |
| Monday, 25 June 2007 | |
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HUD has posted comments to their FAQ website clarifying guideline requirements as they pertain to dump receipt documentation.
HUD acknowledges that individual dump receipts are not available in all instances where debris is removed. Mortgagees are required to maintain a complete audit trail documenting key details related to the disposal of removed debris. If these requirements are met, mortgagees will not be denied reimbursement for debris removal where an individual receipt is not available.
#### 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. |

