Inspections and preservation of properties in default is a crucial part of protecting the collateral interest of the lender and servicer.  To clarify the role Field Service companies play in the default process, Safeguard has made a number of industry presentations and documented a wide range of the field servicers’ responsibilities in the following Power Point presentation.

Field Servicing Role in Securing & Maintaining Properties
http://www.safeguardproperties.com/pub/ppt/secure_maint_files/frame.htm

Included are details related to how field servicers are to comply with the guidelines for such actions as:

• Securing and winterizing
• Photo documentation
• Hazard claims reporting
• Providing bids
• Debris removal
• Health and safety concerns
• Removal of personal property
• Making repairs
• Code compliance
• Consistent QC measures

As we continue to promote industry consensus on procedures, the goal is to achieve consistent quality that will benefit the entire industry.

Please contact Nicole.Alling@safeguardproperties.com if we might assist you by making this no-cost presentation available to appropriate members of your staff at your convenience.  

Sincerely…

Robert Klein, CEO
Safeguard Properties Inc.
1.800.852.8306 ext 1102
robert.klein@safeguardproperties.com
www.safeguardproperties.com
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