Mortgage Contracting Services Experiences Strong First Quarter Growth

Mortgage Contracting Services Experiences Strong First Quarter Growth

TAMPA, Fla., April 29 /PRNewswire/ — Mortgage Contracting Services (MCS), a provider of property preservation and inspection services for the mortgage industry, today announced continued growth as it closes the first quarter. The company attributes its growth and significant productivity gains through efficient technology and a talented management team, which have enabled the company to complete a higher volume of work while maintaining a steady headcount.

For the past three months, the company has restructured several key departments, leveraged its existing infrastructure and promoted key executives while maintaining its initial front-end staff. Building upon its existing framework and organizational structure, the company has achieved its current level of growth by efficiently streamlining its internal operations.

MCS developed MCS360, a technology platform that is a crediting factor to the company’s scalability. The platform is an automated program that allows real time transfer of information between MCS, its vendor network and its clients. MCS360 provides instant notification of projects as well as an automated release of completions, bids and invoices.

MCS also promoted several key executives, including Andrew Rowlands, John Maxwell and Anthony Box. Rowlands was promoted to SVP of information technology; Maxwell took over as SVP of the company’s Dallas operations while Box took over as SVP of the company’s Tampa operations.

“Our employees are experienced professionals with diverse backgrounds in various fields, including mortgage banking, insurance and law,” said Allan Martin, CEO of MCS. “They provide expertise and handle our company needs as well as the day-to-day challenges faced by our clients. We also develop and use technology that allows us to provide the best service to our customers. MCS’ growth between January and March is evidence of our commitment to excellence.”

Additionally, MCS streamlined its vendor management and quality assurance departments. The vendor management department was restructured to better work in partnership and accommodate the changing needs of its vendor network.

Changes to the vendor management department included a lead generation program, a national supply chain to leverage cost efficiencies by purchasing materials at a discounted rate and a new vendor conference to share best practices and review industry initiatives and regulations. MCS always had comprehensive quality control processes and procedures in place, but with the rising inventories, the company created a division solely focused on benchmarking and monitoring its systems. According to executive management, customers need the assurance that MCS is operating efficiently and effectively to protect their assets. Having a system-wide process to ensure consistency and compliance is paramount.

About Mortgage Contracting Services

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 focused-based performance, specialized service and consistent service excellence.

For more information, please visit http://www.mcsnow.com/ . MEDIA CONTACT: Jennifer-Robyn Meier Mortgage Contracting Services 678.336.6540

Mortgage Contracting Services

CONTACT: Jennifer-Robyn Meier of Mortgage Contracting Services,+1-678-336-6540

Web site: http://www.mcsnow.com/

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