Items Tagged with 'field services'

ARTICLES

  • Safeguard launches photo app at MBA Servicing

    Field servicers get video backup
    The new application will introduce panoramic photos, video and audio to the field services industry, according to an advance statement released to HousingWire. The Photo Direct options should provide servicers with fuller property-condition views to better assess property damage and validate bids for repair work.
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  • Field services provider Cityside Management pays $4.3M to settle False Claims Act allegations

    Accused of lying to HUD about supervising rehab work
    Cityside Management Corporation, a field services provider, paid $4.3 million to settle allegations that the company lied to the Department of Housing and Urban Development about supervising rehab work on HUD-owned houses. According to the U.S. Attorney’s Office and HUD-OIG, Cityside Management paid the $4.3 million to settle charges that it violated the False Claims Act by “improperly billing” HUD for work supposedly done by Cityside’s subcontractors.
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  • Goodbye plywood: Fannie Mae no longer allows plywood in pre-foreclosure

    Servicers must replace plywood on existing properties
    In November, Fannie Mae announced that mortgage servicers would be reimbursed for using clear boarding instead of plywood when securing houses that were in pre-foreclosure. That announcement was not retroactive, meaning it only applied to new pre-foreclosures. But that’s not the case anymore, as Fannie Mae announced this week that it is moving away from plywood entirely.
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  • Ohio becomes first state to ban plywood on vacant properties

    Fight against blight takes next step forward
    The fight against neighborhood blight took a giant step forward this week, as Ohio just became the first state to ban the use of plywood on vacant and abandoned properties. Under the state’s new laws, “no person shall use plywood to secure real property that is deemed vacant and abandoned.”
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  • International manhunt ends in arrest of field servicer on child prostitution charges

    Royal Thai Police arrest North Carolina man for connection to prostitution ring
    [Editor's note: The following story contains graphic details.] Mickey Snow, the owner and operator of a multi-state field services provider that until recently provided services to one of the government-sponsored enterprises, was arrested in Thailand after leading authorities on a worldwide chase to avoid prosecution on child prostitution charges.
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  • From HW Magazine

    How mobile technology is changing the game for property preservation

    The rise of the machines
    Investors today crave certainty, the kind that results from lots and lots of data points. To provide that degree of assurance, field service providers have taken data collection to a whole new level. Just in the last 12 months, the explosion of available real-time data is driving a new model of field servicing that would have been unrecognizable in the past.
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  • Meeting the biggest challenges in field servicing

    Q&A with Alan Jaffa, CEO of Safeguard Properties
    The biggest challenge in field services is the ever-changing regulatory environment and scrutiny the mortgage servicing industry is under, according to this Q&A with Alan Jaffa, CEO of Safeguard Properties. But that's just the beginning.
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