S.A.F.E. Act Compliant
Posted on 20. Jan, 2011 by TKPadmin in Blog
Turn-Key Processing, LLC is now licensed in the states of California, Florida and Texas to meet the requirements of the S.A.F.E Act. TKP is one of the few contract loan processing companies to remain in business in this ever changing mortgage industry.
Stay tuned for more updates.
TKP Team
Understanding the HUD $100 Down Program
Posted on 25. Jun, 2010 by TKPadmin in Blog
Recently we have seen borrower’s taking advantage of HUD’s $100 Down Program. This program allows a borrower to purchase a HUD REO property using an FHA loan for financing but only having to pay $100 down rather than the 3.5% normally required with an FHA loan. (more…)
Are Mortgage Processing Companies Safe In Today’s Market?
Posted on 21. May, 2010 by TKPadmin in Blog
Many outsource mortgage processing companies have disappeared in the last couple of years. It seems the rate of decline is directly connected to rate of decline of many Broker shops. Diversity seems to be the key to surviving in these volatile times. Rather than marketing your services to local mortgage brokers, it would be best practice to venture out into other markets and states. (more…)
SAFE Act Being Interpreted Differently By Each State
Posted on 06. May, 2010 by TKPadmin in Blog
It appears that some states have very different interpretations of the new requirements for licensing among non originating mortgage professionals such as loan processors, underwriters, and account executives. This is causing confusion among mortgage professionals nationwide. (more…)
Blog Posts Coming Soon
Posted on 04. May, 2010 by TKPadmin in Blog
We are excited to announce the debut of the new TurnKeyProcessing.net website.
Turn-Key Processing, LLC (TKP) was established in Colorado in 2007 by a seasoned Loan Processor who has over 10 years of processing experience in retail, wholesale, & the secondary market. We have served mortgage brokers big and small across the U.S. to work on their day to day loans and with temporary overflow in volume. (more…)
Daily Mortgage News
- MBS RECAP: 2/8/2012 February 8, 2012Posted To: MBS CommentaryMBS Live : MBS RECAP Open MBS Live Dashboard FNMA 3.5 103-28 : +0-04 FNMA 4.0 105-21 : +0-02 FNMA 4.5 106-25 : +0-01 FNMA 5.0 108-01 : +0-01 GNMA 3.5 105-08 : +0-02 GNMA 4.0 107-32 : +0-03 GNMA 4.5 109-09 : +0-03 GNMA 5.0 110-31 : +0-02 FHLMC 3.5 103-18 : +0-05 FHLMC 4.0 105-07 : +0-01 FHLMC 4.5 106-08 : +0-02 FHLMC 5.0 107-24 : +0-0 […]Matthew Graham
- Mortgage Rates Flat to Slightly Improved After Auction, Greece News February 8, 2012Posted To: Mortgage Rate WatchFor several sessions in a row, Mortgages Rates have moved in the opposite direction from the previous session, although even the bigger examples of these movements haven't been enough to nudge 3.875% out of the "best-execution" position. The same back-and-forth movement continued today as rates improved ever so sl […]Matthew Graham
- Mortgage Rates Flat to Slightly Improved After Auction, Greece News February 8, 2012Posted To: MBS CommentaryFor several sessions in a row, Mortgages Rates have moved in the opposite direction from the previous session, although even the bigger examples of these movements haven't been enough to nudge 3.875% out of the "best-execution" position. The same back-and-forth movement continued today as rates improved ever so slightl […]Matthew Graham
- Ally said to be Shopping Mortgage Unit February 8, 2012Posted To: MND NewsWireOne of the financial institutions that are party to the reported settlement agreement with the attorneys general of the majority of the states is reportedly on the auction block. According to Bloomberg News, Ally Financial is talking with private equity firms about selling its mortgage unit, Residential Capital LCC , through a pre-pack […]Jann Swanson
- Bond Markets Improve Following 10yr Auction and Fed Selling February 8, 2012Posted To: MBS CommentaryAfter the 10yr auction, production MBS and the long end of the yield curve didn't move much at first. But it now seems that some additional bid for the 10yr was on hold until after the Fed's Scheduled selling that ended at 2pm. As that was wrapping up, 10's made another move lower in yield to test the the pivot point j […]Matthew Graham
- Delinquencies, Foreclosures, and Inventories Improve in CoreLogic Data February 8, 2012Posted To: MND NewsWireAccording to CoreLogic, the Santa Ana California based provider of information and business services, there were a total of 830,000 foreclosures nationwide in 2011 compared to 1.1 million in 2010. The most recent monthly numbers, for December 2011, were down from foreclosures both a month earlier and in December 2010. There were 55,000 […]Jann Swanson
- Missouri Goes After Processor DocX; Wells Now #1 Servicer; Rural Streamlines February 8, 2012Posted To: Pipeline PressWhat, exactly, qualifies a person as "rich"? It depends who you are - here in the States the wealth of the top 1% is about 225 times greater than that of the typical family, compared to 125 times in 1962, and the cumulative wealth of the Forbes 400 was $1.54 trillion, equal to worth of the bottom half of American families . […]Rob Chrisman
