Freddie mac mortgage servicing guidelines

Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing our website, you agree to our use of cookies. Alan Jaffa is the chief executive officer for Safeguard, steering the company as the mortgage field services industry leader. Alan joined Safeguard in , learning the business from the ground up.

He was promoted to chief operating officer in , and was named CEO in May He takes a team approach to process improvement, involving staff at all levels of the organization to address issues, brainstorm solutions, and identify new and better ways to serve clients. Michael Greenbaum is the chief operating officer for Safeguard.

Freddie Mac

Mike has been instrumental in aligning operations to become more efficient, effective, and compliant with our ever-changing industry requirements. Mike has a proven track record of excellence, partnership and collaboration at Safeguard.

Freddie Mac Enhanced Relief Refinance (FMERR) Program Rates, Guidelines & Benefits

Mike joined Safeguard in July as vice president of REO and has continued to take on additional duties and responsibilities within the organization, including the role of vice president of operations in and then COO in Mike built his business career in supply-chain management, operations, finance and marketing. He has held senior management and executive positions with Erico, a manufacturing company in Solon, Ohio; Accel, Inc. Before entering the business world, Mike served in the U.

Army, Ordinance Branch, and specialized in supply chain management. He is a distinguished graduate of West Point U. Military Academy , where he majored in quantitative economics. George Mehok is the chief information officer for Safeguard. He is responsible for all strategic technology decisions, new systems deployments and data center operations supporting a national network of more than 10, mobile workers.

George has more than 20 years of leadership experience dedicated to high-growth companies in the mobile telecommunications and financial services industries, spanning startups to global industry leaders.

George played a senior role in the formation of Verizon Wireless, leading the IT product development and strategic planning team. Linda previously served as vice president and attorney for National City Corporation, as securities and corporate governance counsel for Agilysys Inc. Joe has been in a wide variety of roles in finance, supply chain management, information systems development, and sales and marketing. He also works directly with our clients in our many outreach efforts and he represents Safeguard at a number of industry conferences each year.

Steve joined Safeguard in as manager over the hazard claims team. He was instrumental in the development and creation of policies, procedures and operating protocol. In , he assumed responsibility for the newly-formed high risk department, once again building its success. Steve was promoted to director over these two areas in , and he was promoted to assistant vice president in Steve is a graduate of Grove City College.

Mortgage Servicing

Jennifer Jozity is the assistant vice president of operations, overseeing inspections, REO and property preservation for Safeguard. Jen has demonstrated the ability to deliver consistent results in order audit and order management. She will build upon these strengths in order to deliver this level of excellence in both REO and property preservation operations.

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Loan quality is further bolstered by the fact that the submission of loan data is now reduced to a single source. Since reporting is streamlined and centralized, servicers will also be able to receive investor feedback more quickly. Subsequently, all these benefits will be passed on to Freddie Mac.

Understanding Fannie Mae and Freddie Mac | PennyMac

With loan submission on a standardized schedule and guidelines in place to promote accuracy from the very beginning, Freddie Mac will be able to review and accept loans much more quickly and ensure they meet the highest quality. The importance of attending the training meetings cannot be emphasized enough. These meetings provide servicers with the opportunity to address any questions specific to their businesses and learn important information regarding the changes straight from the source.

With guidance from both their vendors and Freddie Mac itself, servicers can be well prepared to tackle the changes head-on when they take effect. FICS , a provider of mortgage loan origination, residential mortgage loan servicing, and commercial loan servicing software. Friday, August 16, About Us Contact Us.

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