MCS Acquires Lenders Title Solutions
Mortgage Contracting Services Acquires Lenders Title Solutions
LEWISVILLE, Texas, Oct 18, 2016 -
Mortgage Contracting Services, LLC, (MCS), a nationwide provider of property preservation, inspections, REO property maintenance and valuations for the financial services industry, is expanding its ability to serve its mortgage industry clients with the acquisition of Clearwater, Florida-based national title insurance and settlement services provider Lenders Title Solutions.
The company, which currently employs 102, will retain the Lenders Title Solutions name and operate as a division of MCS Solutions, MCS’ valuation, title services and steel security product line.
“Lenders Title Solutions provides an unsurpassed level of customer experience and superior products and services for its clients,” says Chad Mosley, Chief Operating Officer of MCS Solutions. “The company will make a great addition to our business, and I believe we both will grow stronger as a result of the combination.”
“We’re very proud of what we’ve created here and the services we’ve provided to our clients through the years,” says Chris Sketch, Chief Executive Officer at Lenders Title Solutions. “And likewise, we’re proud now to be a part of MCS Solutions.”
This is just the latest acquisition for MCS, which expanded its suite of services with the 2014 addition of certain CoreLogic business units, including products that cover valuation in both the loan origination and default service sectors. Earlier this year, MCS added Austin, Texas-based EPIC Real Estate Solutions, another provider of title insurance, escrow and closing services.
“This is a new beginning for us and one that’s pretty exciting for everyone here and for the people we work with every day,” says Ian Gorman, Chief Operations Officer at Lenders Title Solutions. “Being a part of MCS will make available new resources and open up possibilities that didn’t exist before.”
“Our philosophy has always been – and always will be – that growth is good only if it helps us do more and better things for our clients,” says MCS CEO Caroline Reaves. “Adding Lenders Title Solutions and its very experienced and talented group of people fits that mold. This move is good for us and good for the people and clients that we serve.”
For 30 years, MCS has protected, preserved and served communities across the nation. Some of the largest and most respected banks, lenders and mortgage servicers in the industry trust MCS to perform property inspections, property preservation, REO property maintenance, valuations, settlement services, title and other mortgage-related services in all 50 states. MCS has a history of providing these services in a highly regulated environment, the proven ability to handle large volumes of properties, and a record of recruiting, managing and monitoring a substantial vendor network. For more information, please visit www.MCS360.com.