| High Risk Report Enhancements |
| Wednesday, 25 August 2004 | |
|
The High Risk
Report, available on our website, has been enhanced to include
additional information: we have added a column indicating whether
there are open bids for the loans on the report. Clients who run the report to a spreadsheet will
be able to sort properties on the report by whether there are any
open bids pending. If no bids to
repair damages or correct citations have been supplied, the client
can request that SPI obtain bids to address the damages or
violation.
In addition, if there are
open bids, the client can view them via the link to the loan
number. The property menu (which is
accessed via clicking on the loan number on the report) has a link
to all open bids. The user can review
the bids and approve them or escalate them for immediate
approval so that the damages do not progress and possibly result in
additional fines for unaddressed violations or
citations. Safeguard will run the
High Risk Report internally as well, and the High Risk Team will
review the report regularly to check for any bids that may be
needed, for utility status where sump pumps have been reported, and
generally to ensure quality control and timely follow-up for all of
Safeguard?s clients. In addition, we recommend that our clients run this report
weekly to identify high risk properties and follow up with
Safeguard?s High Risk Team accordingly. The report can be
scheduled to be automatically run and e-mailed to
you. Please contact our High Risk Department Director Steve Meyer at ext. 1179 (steve.meyer@safeguardproperties.com) or High Risk Department Team Leader J. Schwegel at ext.1123 (Nicholas.schwegel@safeguardproperties.com) for assistance with scheduling this report through our website or for assistance addressing the properties on the High Risk Report. |

