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Mortgage Contracting Services Experiences Explosive Growth in 2006

8:24 am   -   February 20th, 2007

Mortgage Contracting Services (MCS), a property preservation and inspection services provider, has closed out 2006 with increased revenue, a significantly larger employee base and expanded office space. Management attributes MCS’ substantial growth to the company’s reputation in the mortgage servicing industry that has been built by the level of specialized service that each customer receives.

In an effort to meet demand and continue the current level of service, MCS added 63 full-time positions in 2006, including several key management positions. As of January 2007, the company has created 15 additional positions and expects to hire more than 100 new employees by the end of year.

“MCS is recognized as the most efficient and effective inspection and preservation company in the market today,” said Allan Martin, CEO of MCS. “For more than 20 years, MCS has leveraged its expertise, experience and strong partnerships to become one of the largest property preservation companies in the nation. Every day we try to exceed the expectations of our customers. Our experience allows our customers to save time and money; we have the operating scale to handle any volume of work; and we hire the best people in the industry. Our growth is a direct result of the successful track record MCS has built.”

MCS uses a nationwide network of licensed and insured preservation subcontractors to implement customized service plans for each client. MCS services include property inspections, property preservation, REO maintenance, hazard claims administration and default management.

“The arrival of two new key members of our executive staff, including a vice president of business development and a chief operating officer, will help MCS focus on both short and long term goals,” added Martin.

To accommodate the company’s explosive growth, MCS expanded its headquarters space by 43 percent in December 2006. MCS will use the additional space to grow its national client base and broaden its array of services. MCS currently has staff located in Tampa, Orlando, San Antonio, Des Moines, Cincinnati, Jacksonville and Columbus, Ohio.

About Mortgage Contracting Services, Inc.
Founded in 1985, MCS is a national property preservation company. Services include property inspections, property preservation, REO property maintenance, hazard claims administration, and valuation services. Working for some of the nation’s largest servicers, MCS is recognized as the most efficient and effective inspection and preservation company in the market, having built a reputation as a result of focus-based performance, specialized service and consistent service excellence.



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