Mortgage Contracting Services Names New CEO

Director of Events

Oct 08, 2021

Mortgage Contracting Services, a national provider of residential and commercial property services, selected Craig Torrance to serve as CEO.

Chad Mosley will continue as president of residential services. In his new role, Torrance will oversee Mortgage Contracting Services' strategic initiatives, including growing and expanding services within the company’s core default field services offering. He will also lead the company’s expansion in residential and commercial facilities maintenance solutions.

Photo of Craig Torrance, CEO, Mortgage Contracting Services.

“We are confident in his vision and leadership and believe he brings the right skill set and experience to build upon the success MCS has achieved thus far,” said MCS Board of Directors chairwoman Caroline Reaves.

“I also want to thank MCS president Chad Mosley for his leadership over the last several months,” said Reaves.

Prior to joining MCS, Torrance served as senior vice president at Brightview, one of the nation’s leading exterior maintenance companies. Torrance led Brightview Enterprise Solutions, the company’s business unit, providing national commercial property maintenance services to large-portfolio accounts across multiple commercial segments.

About the author

Navi Persaud

Director of Events

Navi Persaud is Director of Events at NMP.

Link copied

Published

Oct 08, 2021

Analysis and Data

Home Sellers Lose Pricing Power As Homes Now Sell Below Asking

New data shows sellers who miss the market on pricing are paying a growing penalty, while buyers gain leverage in many regions

A new report from Realtor.com found that the average home is now selling below its asking price, marking a significant shift from the pandemic-era housing market when bidding wars routinely pushed sale prices above list price.The report suggests today's market rewards seller...

Analysis and Data

More Than Half Of Buyers Say They'd Purchase A Home Without Human Help

Veterans United survey highlights growing consumer trust in AI-powered mortgage guidance, lender shopping, and document management

A growing share of homebuyers appear ready to hand more of the mortgage process over to artificial intelligence.More than half of prospective homebuyers (53%) say they would be comfortable purchasing a home without any direct human involvement, according to a new survey from...