MCS Announces Closing of Mortgage Contracting Services Sale to Stewart
MCS Announces Closing of Mortgage Contracting Services Sale to Stewart
LEWISVILLE, Texas--(BUSINESS WIRE)--MCS today announced that it has completed the sale of its mortgage services business line (“Mortgage Contracting Services”), which includes property preservation services, property inspections and other asset management and maintenance work offerings, to global title and real estate services company Stewart Information Services Corp.
MCS entered into an agreement to sell Mortgage Contracting Services to Stewart in November 2025 and the sale is now official.
With the sale in place, MCS will continue to operate the MCS Commercial, MCS Residential, and MCS Government Services businesses, along with the associated sub brands of each of those entities. Stewart has acquired all MCS operations, processes, and technology that supports mortgage servicers and lenders while MCS is retaining all operations, processes and technology related to the MCS Commercial, MCS Residential and MCS Government Services businesses.
“We are pleased to announce the completion of the sale of our mortgage services business to Stewart, marking the beginning of a new chapter for MCS,” said Craig Torrance, CEO of MCS. “We once again extend our heartfelt gratitude to the dedicated employees and partners who have been a part of the Mortgage Contracting Services business and we’re confident Stewart will uphold the values and quality our clients have come to expect. This transaction also represents a unique opportunity for MCS to strengthen and expand its offerings in commercial and residential real estate, as well as our growing government services line, and we’re excited about the future of our company.”
The remaining MCS businesses will continue to operate under the MCS brand, with Andrew Nolan continuing in his role as President, Residential and Commercial.
For additional questions to MCS about the transaction, please contact MCS@greatink.com.
About MCS
MCS is an award-winning property services provider working across Commercial, Residential and Government properties. For nearly 40 years, MCS has been committed to responsive care, industry-leading service standards, leveraging technology, and end-to-end transparency to protect, preserve and serve communities across the country. Some of the largest and most respected mortgage servicers, real estate owners and operators, corporations and government agencies trust MCS to perform property inspections, preservation, maintenance, renovations, and other property-related services. Learn how MCS is Making Communities Shine at MCS360.com.
Contacts
Media Contact:
Great Ink Communications
212.741.2977
MCS@greatink.com