Tag Archives: Property Preservation

Conventional wisdom says that keeping rehab costs at a minimum is the best was to recoup losses on vacant and abandoned properties. The conventional wisdom may be wrong. This special print feature originally appeared in the December 2015 issue of DS News magazine.

Property preservation companies have come under criticism in recent months. But is it warranted? This select print feature originally appeared in the November 2015 issue of DS News.

"We take waste out of the system and we minimize the time from the time we get a purchase order to the time we invoice the client," he said. "So we're moving that waste and making processes more efficient both inside and outside with our own performers or contractors."

The former plan to engage code enforcement in order to avoid citations from the city was for servicers and field services providers to make a pitch to the city officials in which the property was located. But the cities are in a different position because revenues are down due to lower property values.

Aspen Grove Solutions, a Maryland-based provider of property-centric technology solutions to the financial and mortgage services industry, has announced the addition of Atlanta-based nationwide property preservation and inspection company MB Field Services to their list of clients.

To limit risk, mortgage servicers manage hazard claim lines by prioritizing and addressing major areas of vulnerability, one of which is physical damage at assets either in the process of foreclosure or currently in REO status.

Bethsesda, Maryland-based IT and logistical support provider Information Systems & Network (ISN) Corporation has been awarded the contract to serve as Mortgagee Compliance Manager (MCM) for the U.S. Department of Housing and Urban Development (HUD).

Property-centric technology solutions provider Aspen Grove Solutions (AGS), based in Frederick, Maryland, has announced the addition of Levittown, Pennsylvania-based property preservation and repair company Guardian Asset Management has been added to AGS' list of clients.

Greenbaum, who has been with Safeguard since 2010, has previously served as the company's VP of operations. In his new position as COO, he will continue to support Safeguard's clients and oversee the company's extensive vendor network

Cleveland, Ohio-based mortgage field services firm Safeguard Properties has launched a Fast Track Legislation Resource Center in order to consolidate various legislation and provide a resource for industry professionals to keep up with the latest fast track legislation, according to an announcement from Safeguard.