Stewart Expands Mortgage Services Portfolio with Acquisition of MCS’s Mortgage Contracting Services Division
The mortgage servicing industry is seeing another major move. MCS, a leading national property services provider, announced an agreement to sell its Mortgage Contracting Services business line to Stewart Information Services Corp. — a global title and real estate services company.
The transaction, announced November 7, 2025, will bring MCS’s well-established mortgage servicing operations, processes, and technology under the Stewart umbrella.
A Strategic Sale for Both Companies
As part of the agreement, Stewart will acquire all operations that support mortgage servicers and lenders, while MCS will continue to operate its Commercial, Residential, and Government Services divisions under the MCS brand.
MCS CEO Craig Torrance explained the decision:
“We are extremely pleased that the market has recognized the strong value of MCS’s mortgage/property preservation business, which has truly established itself as the premier asset in the industry. MCS is proud of the legacy it has built with this business line, and we strongly believe this will be an ideal strategic acquisition for Stewart. We’re also confident our mortgage services customers will continue to receive the exceptional services MCS has delivered for years under this new ownership.”
Torrance added that the remaining MCS business lines are “well-poised for continued growth.”
Stewart’s Expansion in Mortgage Services
For Stewart, the acquisition represents a strategic opportunity to broaden its presence in the lender and servicer markets.
Fred Eppinger, Stewart CEO, said:
“Property Preservation services are critical and necessary for servicers as part of the mortgage lifecycle, and currently a service Stewart does not offer. Bringing MCS Mortgage Contracting Services into the Stewart family of companies broadens our lender and servicer customer base and expands our full suite of services. MCS is a well-respected leader in the industry, and our shared vision of providing premier service to all customers makes them a perfect fit for our rapidly growing lender base.”
What MCS Brings to Stewart
Founded in 1986, MCS has supported mortgage servicers nationwide with property preservation, property inspections, and asset management services.
Over nearly four decades, MCS became a trusted partner for major mortgage institutions through:
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Industry-leading property preservation and maintenance services.
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Consistent support across the mortgage lifecycle — from default servicing to asset management.
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Recent acquisitions of MSI and Five Brothers Asset Management Solutions, which expanded MCS’s national reach.
MCS President of Mortgage Services, Chad Mosley, added:
“Our commitment to providing our customers with the highest level of service backed by leading technology-driven solutions has enabled us to protect and preserve communities nationwide. By joining Stewart, we are aligning with a company that is one of the oldest and most respected in the industry and together, we are poised to elevate the mortgage service standards and deliver meaningful impact across the property services industry.”
Understanding Property Preservation & Inspection Services
Property Preservation services help lenders and servicers maintain and protect properties in default or foreclosure. These services include securing homes, winterizing plumbing, lawn care, debris removal, and ensuring compliance with investor and municipal requirements.
Property Inspections provide visibility into property condition, occupancy, and compliance — allowing servicers to make informed decisions and manage risk across large portfolios.
Other Asset Management and Maintenance Work includes vendor management, repairs, rehabilitation, and upkeep to maintain property value during servicing or post-foreclosure transitions.
How Mortgage Contracting Services Support Lenders
Mortgage contracting and field service providers like MCS handle critical work that ensures a lender’s collateral is secure and compliant.
By outsourcing to experienced providers, lenders and servicers can:
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Reduce risk through verified compliance and documentation.
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Lower operational costs by using scalable vendor networks.
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Preserve asset value and maintain investor confidence.
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Streamline timelines through technology-driven inspections and automated reporting.
About MCS
MCS is an award-winning property services provider working across commercial, residential, and government markets — as well as the mortgage servicing industry. For nearly 40 years, MCS has been recognized for its responsive care, technology-enabled transparency, and national network of professionals serving some of the largest mortgage servicers, real estate owners, and government agencies in the U.S.
About Stewart
Stewart Information Services Corp. (NYSE: STC) is a global title insurance and real estate services company delivering products and solutions through its network of underwriters, agencies, and technology platforms. Stewart serves lenders, investors, and real estate professionals worldwide.
Learn more about Stewart on Mortgage Advisor Tools.
Why This Matters for Mortgage Professionals
This deal underscores a broader trend in the mortgage servicing industry — consolidation and diversification. As servicers demand more integrated property and asset management solutions, Stewart’s acquisition of MCS’s mortgage contracting arm positions both companies to deliver a more comprehensive service suite to lenders.
The transaction also highlights how technology and field execution continue to converge across mortgage servicing, preservation, and post-close asset care.
FAQs
Who is MCS?
MCS is a national property services provider offering property preservation, inspections, maintenance, and asset management services to mortgage servicers, investors, and property owners.
Who is Stewart?
Stewart Information Services Corp. is a global title insurance and real estate services company providing solutions for lenders, servicers, and real estate professionals.
What are property preservation services?
Property preservation involves maintaining and protecting properties in default or foreclosure through inspections, repairs, security, and ongoing maintenance.
What are property inspections?
Inspections evaluate the physical and occupancy condition of a property, ensuring servicers have accurate, real-time data to make servicing and loss-mitigation decisions.
What are asset management and maintenance work offerings?
These include property repairs, rehabilitation, upkeep, and vendor oversight to preserve property value and ensure compliance during servicing or REO management.
How can mortgage contracting services help lenders?
They reduce operational burdens for lenders by providing property oversight, compliance assurance, and scalable maintenance through specialized vendor networks.
