Wednesday, February 22, 2012

TD Service Garners More Performance Recognition

Mortgage Service Company’s “Return To Quality” Initiative Earning High Marks From Industry Providers

Santa Ana, CA, February 22, 2012 -- TD Service Financial Corporation, a leading provider of services to the mortgage industry, today announced the company was awarded two important recognitions for its fourth quarter 2011 performance.

LPS Default Solutions, a leading provider of integrated technology and services to the mortgage and real estate industries, named TDS named as an LPS Attorney Performance Report Performance Recognition Winner. LPS also recognized TDS for its work in foreclosure in last year’s third quarter.

In addition, American Home Mortgage Servicing Inc, one of the country’s largest servicers of Alt-A and subprime loans, granted TDS its 90-Day Exemplary Performance Recongnition, including an internal report card grade of A+.

According to company CEO and Chairman Dale L. Dykema, the positive recognition is a direct result of his firm’s efforts to improve relationships with the vendors that provide services to the mortgage industry.

“When we launched TD Service Company in 1964, our potential customers were primarily interested in quality service,” says Mr. Dykema. “That gradually changed over the years to where doing things well started taking a back seat to price and speed. Everything in my experience tells me that it’s time for a return to quality.”

TD Service Company, a subsidiary TD Service Financial Corporation, today provides specialized services in the areas of default, lien release, assignments, and document retrieval through the use of custom software. Another subsidiary, Trustee’s Assistance Corporation, provides posting and publishing services.

In December, the firm announced its acquisition of Security Connections, Inc., an Idaho-based company that provides outsource solutions to the mortgage banking industry. Mr. Dykema says the acquisition of Security Connections allows his company to offer an entirely new line of business to an evolving marketplace.

“Security Connections’ services were and are a natural fit for our ‘Return to Quality’ business model,” says Mr. Dykema. “Collectively, the whole of our combined company is rolling up to be more than than just the sum of its parts, which I have to think is a compelling value proposition for our clients.”

In addition to TD Service Company and Security Connections, TD Service Financial Corporation is the parent of TD Service Company of Arizona, TD Service Company of Washington, and Trustee's Assistance Corporation.

About TD Service Company
TD Service Company, a division of TD Service Financial Corporation, has been providing best-in-class service to the mortgage banking industry since 1964. With corporate offices in Southern California, TD Service is committed to building and maintaining successful relationships with its customers and finding innovative ways to meet their needs. By leveraging both technology and the considerable experience of its employees, whose average tenure with the company is over 18 years, TD Service has become one of the nation's largest and most successful trustee firms. For more information, visit the company’s website at www.tdsf.com.

Contact:
Dan Mahoney
CSG|PR
3225 East 2nd Avenue
Denver, CO 80206
970-405-8060

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