MCS to acquire Carrington property preservation division

MCS to acquire Carrington property preservation division

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MCS News. Mortgage Contracting Services, LLC (MCS), a nationwide provider of services to the mortgage industry, has reached an agreement to acquire the property preservation division from Carrington Home Solutions, LP (CHS). The transaction is expected to close before the end of 2017. MCS will assume responsibility to inspect.

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Mortgage Contracting Services (MCS) has entered an agreement to acquire the property-preservation division from Carrington Home Solutions (CHS). The companies expect to complete the transaction.

Carrington Property Services LLC (CPS), a residential asset management company, has realigned its operations into three primary divisions – rental, real estate owned (REO) administration, and centralized services. Since each property has its own individual characteristics, our clients have expressed the desire to use multiple strategies simultaneously – ranging from rental to REO and.

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MCS will assume responsibility to inspect and maintain CHS’ existing portfolio. Under the acquisition, CHS’ property preservation operations will integrate into MCS’ existing field service operations.

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