The Dept. Of Housing and Urban Development has released Mortgagee Letter (ML) 2008-07 titled:
"Update to Mortgagee Letter 2004-40 Single Family Real Estate Owned (Property Disposition) National Management and Marketing Contractors."

ML 2008-07 updates Mortgagee Letter 2004-40 issued September 30, 2004. With the exception of the updated information in this Mortgagee Letter, all other information identified in Mortgagee Letters 2004-45, 2005-04, 2005-07, 2005-12, 2005-25, 2005-29, 2005-35, 2006-02 and 2006-19 remains in effect.

Effective March 1, 2008

There has been a change of contact information for Preservation and Protection requests and Extension of Time requests to National Home Management Solutions, the Management and Marketing contractor responsible for handling the state of Ohio.  Preservation and protection requests and extension of time requests for Ohio properties should be sent to:

National Home Management Solutions
Three Advantage Court
Bordentown, NJ  08505
Contact person:  Paula Truxel – Property Preservation Department
Phone:  (609) 981-5500
Toll Free:  1-800-211-0621
Fax:  (609) 981-5510 or (609) 981-5511
Website:  www.nhmsi.com

Preservation and Protection Requests and Requests for Extension of Time should be forwarded to Ms. Paula Troxel, Mortgagee Compliance Manager, Ohio, at e-mail: paula.troxel@nhmsi.com

Any questions relative to this Mortgagee Letter should be directed to Ivery Himes, Director of the Asset Management and Disposition Division.  Ms. Himes can be reached on (202) 708-1672, extension 5628.

To view the Mortgagee Letter in its entirety, please click here.

About Safeguard
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 450 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.