TD Service Financial Corporation, a leading provider of services to the mortgage industry, today announced the company has acquired Security Connections, Inc.
The Idaho Falls, Idaho-based company provides outsource solutions to the mortgage banking industry. It will operate as a wholly-owned subsidiary of TD Service Financial Corporation, Inc., and retain its brand identity. Going forward, the firm will market itself as ‘Security Connections, a member of the TD Service Financial Family’.
TD Service Financial Corporation, through its TD Service Company subsidiary, 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.
According to Dale L. Dykema, who started TD Service Company in 1964, the acquisition of Security Connections allows his company to offer an entirely new line of business.
“This integration should represent a particularly compelling value proposition for our mortgage banking clients,” says Mr. Dykema, who still serves as TD Service Financial’s CEO and Chairman. “Because there’s such a natural fit for Security Connections’ services, I believe the whole of our combined company will represent more than than just the sum of its parts.”
Security Connections offers a comprehensive line of file management services aimed at the mortgage banking industry. Focusing primarily on document imaging, long-term record storage and full service post closing solutions. In addition, the firm provides assignment processing, document retrieval, and lien release processing.
“Operating under the larger TD Service Financial Corporation umbrella will allow Security Connections to reach a substantially larger marketplace,” said Karleen Maughan, the company’s founder. “More than that, the strength of our combined companies will provide access for their customers to additional lines of services.”
In addition to TD Service Company and Security Connections, California-based TD Service Financial Corporation is the parent of TD Service Company of Arizona, TD Service Company of Washington, and Trustee's Assistance Corporation. The firm was recently awarded the LPS Default Solutions Performance Excellence Award, and has been top-rated since 2009.
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.
Contact:
Dan Mahoney
CSG|PR
3225 East 2nd Avenue
Denver, CO 80206
970.405.8060
