Safeguard Properties works to protect the homes of its clients. Serving mortgage lenders, Safeguard provides mortgage field services at foreclosed properties, including property inspection and preservation, eviction, title services, hazardous claims, and code enforcement. The company offers its services through employees and a network of subcontractors. It operates throughout the US and in the Virgin Islands and Puerto Rico. Clients have included large lenders such as Bank of America and Fifth Third Bank, as well as law firms and city agencies. Safeguard Properties was founded in 1990 by former CEO Robert Klein, who headed the company until mid-2010.
Ohio-based Safeguard Properties operates primarily in the Midwest, with business that extends nationwide, including the Virgin Islands and Puerto Rico.
As part of its operations and services, Safeguard Properties is plugged in to technology. It offers clients an application for business process management as well as Internet portals for clients, contractors, and inspectors where they can order, communicate, post photos, and store reports. The company monitors quality and manages incidents through technologies that track client requests and compliance status. Inspection orders and results are delivered real-time through a mobile inspections platform. Safeguard Properties also maintains an Avaya call center platform for supporting multiple service center locations.
Mergers and Acquisitions
Safeguard Properties expanded its operations in 2012 when it acquired the field service operations of financial giant Bank of America. The company took over control of Bank of America's portfolio of defaulted and real estate owned properties for three facilities.
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