Mortgage Contracting Services makes acquisition

Mortgage Contracting Services makes acquisition
Mortgage Contracting Services, a national provider of mortgage-related services, is acquiring Miami-based M&M Mortgage Services, the company announced Tuesday. 

Over the past few years, MCS, which provides property preservation services, inspections, REO property maintenance and valuations for the financial services industry, has made a series of acquisitions. In the spring of 2016, the company acquired EPIC Real Estate Solutions, which led to an expansion of MCS’ product line. Later that same year, MCS announced its acquisition of Lenders Title Solutions, a provider of title insurance and settlement services.

Then, in 2017, the company acquired the property preservation division of Carrington Home Solutions, claiming responsibility for inspecting and maintaining Carrington’s existing portfolio.

Now, MCS is expanding again with its latest addition of M&M.

“Integrating M&M with MCS allows us to expand our operations in Miami and strengthen our vendor network nationwide,” said Caroline Reaves, CEO of MCS. “We are excited to welcome M&M’s employees so that we can combine MCS’ industry-leading experience with the passionate commitment that M&M pursues with each of its clients.”

According to the company’s announcement, M&M’s vice president of operations will join the MCS management team and continue to oversee the Miami office.

“Adding a great business such as M&M Mortgage Services allows us to continue our pledge to clients to improve mortgage-related processes, build innovative technical solutions, and deliver on quality using the best people from the communities where we operate,” Reaves said.