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Last updated on June 1, 2012 at 18:41 EDT

Mortgage Contracting Services Enhances Compliance Section of Web Site

December 18, 2008
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TAMPA, Fla., Dec. 18 /PRNewswire/ — Mortgage Contracting Services (MCS),
provider of property preservation and inspection services to the mortgage
industry, announced the company has launched a newly designed compliance
section of its Web site. In addition to sending compliance updates to
customers via e-mail, the Web site now features all vacant property
registration ordinances and regulatory advisories, as well as disaster
tracking and guidelines from the U.S. Department of Housing and Urban
Development (HUD), Fannie Mae, Freddie Mac and the U.S. Department of Veteran
Affairs (VA).

As more vacant property registration laws are passed across the country,
MCS wanted to streamline the comprehensive information and resources
available. As a result, MCS enhanced the section of its Web site dedicated to
compliance. With constantly changing regulations at the city, state and
federal level, MCS believes the Web site coupled with the regular bulletins
gives its customers an advantage to ensure they are meeting all regulatory
requirements regarding their pre-foreclosure and real estate owned properties.

“Today’s regulatory environment makes it challenging for our customers to
keep up with information as it is changing at a daily pace,” said Kerry
Wilcox
, director of marketing for MCS. “While our customers are focused on
loss mitigation and keeping borrowers in their homes, we wanted to make it as
easy as possible for them to access the most current ordinances and
registrations to ensure they remain in compliance. The Web site is a perfect
complement to our existing initiatives while enabling MCS to be the most
comprehensive resource on regulations, ordinances and guidelines for mortgage
servicers.”

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 www.mcsnow.com.

    MEDIA CONTACT:
    Jennifer-Robyn Meier
    Mortgage Contracting Services
    615.383.0803

SOURCE Mortgage Contracting Services


Source: newswire