On April 9, Safeguard Properties announced the launch of its new Fast-Track Legislation Resource Center, designed to keep industry professionals current on laws that expedite the foreclosure process for vacant and abandoned properties.
Safeguard Properties Launches Fast-Track Legislation Resource Center
Interactive tool consolidates fast-track legislation and helps industry stay current
Cleveland – April 17, 2015 – (RealEstateRama) — As the concept of fast-track legislation for vacant and abandoned properties gains momentum, Safeguard Properties has launched its Fast-Track Legislation Resource Center. The center consolidates various legislation in an easy to navigate, interactive map tool providing industry professionals with a resource to stay abreast of the latest fast-track legislation, along with links to applicable media coverage.
Safeguard Founder and Chairman Robert Klein has long been a leading proponent of the concept of fast-tracking vacant and abandoned properties, bringing the topic to the forefront by fostering meaningful industry dialogue. The Safeguard Fast-Track Legislation Resource Center is another tool to further assist servicers and communities in finding a solution to the vacant and abandoned property issue.
“For 25 years Safeguard has been a leading community advocate within the housing industry. Reducing the foreclosure timeframe for strictly abandoned and vacant properties returns the property to productive use quicker, which benefits neighborhoods and the community as a whole. By making state-by-state fast-track legislative information universally accessible, new doors will open to create even more solution-driven conversations,” said Michael Halpern, Safeguard director of community initiatives, whose department spearheaded the Fast-Track Legislation Resource Center.
The interactive map features states that have enacted, are contemplating enacting, or have expired/inactive fast-track legislation for vacant and abandoned properties. Information includes a link to the final bill’s text, legislation history, and links to any media coverage of the legislation (if applicable).
An important component to fast-tracking vacant and abandoned properties is the ability to determine if a property is a candidate for the expedited process. To help with this determination, the center also highlights definitions of “vacancy” or “abandoned” within each piece of legislation.
“We felt it was important for Safeguard to take the lead and invest the time and resources in researching and consolidating fast-track legislation so that it can be easily shared. Lawmakers and business leaders are searching for ways to rebuild communities and our hope is that this tool will be a useful resource to help stabilize at-risk neighborhoods and stem blight,” said Safeguard CEO Alan Jaffa.
Please click here to access the Fast-Track Legislation Resource Center.
Please click here for additional media coverage HousingWire (4/14/15).
Safeguard Properties is the mortgage field services industry leader, preserving vacant and foreclosed properties across the U.S., Puerto Rico, Virgin Islands and Guam. Founded in 1990 by Robert Klein and headquartered in Cleveland, Ohio, Safeguard provides the highest quality service to our clients by leveraging innovative technologies and proactively developing industry best practices and quality control procedures. Consistent with Safeguard’s values and mission, we are an active supporter of hundreds of charitable efforts across the country. Annually, Safeguard gives back to communities in partnership with our employees, vendors and clients. We also are dedicated to working with community leaders and officials to eliminate blight and stabilize neighborhoods. Safeguard is dedicated to preserving today and protecting tomorrow. Website: www.safeguardproperties.com.
Contact: Eric Amig – (212) 441-6807
Brian Finnegan – (212) 441-6877