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Mortgage Contracting Services Announces New Photo Inspection Capability

NationalMortgageProfessional.com
Oct 14, 2010

Mortgage Contracting Services LLC (MCS), a provider of property preservation, inspections and real estate-owned (REO) property maintenance to the financial services industry, has announced that it now provides photo inspection services to supplement the traditional data required for valuations, proof of property condition and other verification reporting. MCS’ photo inspection capabilities add value to several industry practices, including appraisals for valuation providers, substantiation of policies for insurance companies, confirmation of a property’s existence and condition, as well as fulfillment of re-certification or due diligence requirements for origination and servicing shops. These parties have historically relied on local field contractors to provide necessary photo documentation, but have been challenged with securing coverage in all areas, especially for minimal cost and quick turnaround. MCS is positioned to alleviate those concerns as it maintains a nationwide network of inspection subcontractors to improve workflow processes and provide clients with cost savings. “MCS strives to be proactive in providing solutions to the needs of its clients. Photo evidence of a property and its condition is a critical validation measure to support written documentation and provide depth to any form of reporting,” said Caroline Reaves, chief executive officer of MCS. For more information, visit www.mcs360.com.
Published
Oct 14, 2010
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