Texas-based MCS, a property services company that moved into the reverse mortgage space last year, on Monday announced its acquisition of MSI as it seeks to grow its nationwide presence.

A press release from the companies said that the deal unites “two of the industry’s market leaders.” MSI’s current employees and services, along with its clients and vendor network, will be integrated within MCS. Financial terms of the acquisition were not disclosed.

“This acquisition boosts the MCS team capabilities and client roster and further enhances our reputation as the nation’s leading property preservation company,” Chad Mosley, president of MCS Mortgage Services, details ⇒

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