MCS Mortgage Services has acquired MSI to strengthen its team and expand its client base, solidifying its position as a top property preservation company. The acquisition aligns with MCS’s goal of diversification, leveraging MSI's expertise and reputation. MSI, established in 1983, provides various services, including property inspection and asset management. This strategic partnership will enhance client services through an expanded vendor network. Additionally, MCS recently entered the reverse mortgage sector by acquiring Five Brothers, thus increasing its service scope in the financial industry.
This acquisition boosts the MCS team capabilities and client roster and further enhances our reputation as the nation's leading property preservation company,... MSI has a long track record of success, and we're excited to combine our collective strength as we continue to create the best platform built for long-term growth.
MCS is the right fit and the right partner, and this will allow our clients to benefit from an expanded vendor network and technology that supports many of the largest banks and servicers in the country.
MSI, which has been in business since 1983, is also headquartered in Texas and has additional offices in Iowa and Florida. It provides a suite of property inspection, preservation, repair management, violation abatement and REO asset management services to institutional clients.
In March 2024, the company expanded into the reverse mortgage business for the first time with its acquisition of Michigan-based Five Brothers Asset Management Solutions.
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