Mortgage Contracting Services Announces New Ownership

Lewisville, Texas-based Mortgage Contracting Services (MCS), which provides specialized services to financial institutions, announced Monday that it has completed a recapitalization of the company. The company’s representatives say that, under new leadership, it will “recapitalize its balance sheet through substantial reduction in debt, obtain new long-term financing to facilitate growth, and execute strategy as high-quality …

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