Stewart Expands Real Estate Services Portfolio with Acquisition of MCS
Stewart Information Services Corporation (NYSE:STC) announces its intent to acquire Mortgage Contracting Services (MCS), a leading property preservation services provider, enhancing its Real Estate Solutions business.
Real EstateProperty PreservationMortgage ServicesAcquisitionStewart Information ServicesReal EstateNov 08, 2025
We are pleased to announce our intent to acquire MCS and look forward to being able to offer property preservation, which supports default servicing, as a new service for our lender and servicer customers,” said Fred Eppinger, Stewart CEO. “This acquisition confirms our dedication to bettering our lender services and allows us to introduce our products and services to a broader audience of customers. MCS is a well-respected leader in the industry, and our shared vision of excellence makes MCS a perfect addition to our Real Estate Solutions business.
MCS has built a reputation over nearly four decades as an award-winning property services provider, trusted by industry leaders across all markets,” said Chad Mosley, President of Mortgage Services, MCS. “Our commitment to providing our customers with the highest level of service backed by leading technology-driven solutions has enabled us to protect and preserve communities nationwide. By joining Stewart, we are aligning with a company that is one of the oldest and most respected in the industry and together, we are poised to elevate the mortgage service standards and deliver meaningful impact across the property services industry.
Stewart Lender Services has thoughtfully built a portfolio of services, solutions, and technologies these last few years to support lenders and servicers with lead generation, valuation, origination, and underwriting to closing services,” said Beth Fowler, President of Stewart Lender Services. “I’m thrilled to welcome the MCS team and am excited that with MCS we are adding another complementary and core capability that’s critical to the mortgage ecosystem. We look forward to supporting MCS’s momentum, innovation, and collaboration with current and future customers.
The transaction is expected to close before the end of the year and is subject to customary closing conditions and the expiration or termination of the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976. The purchase price is $330 million and will be funded with available company resources. The company expects that the transaction will be immediately accretive. The newly acquired division of MCS will continue operating as a standalone company. Troutman Pepper Locke served as outside counsel to Stewart. Macquarie Capital served as the exclusive financial advisor to MCS and BakerHostetler as its legal advisor.
Frequently Asked Questions
What is Stewart Information Services Corporation?
Stewart Information Services Corporation (NYSE:STC) is a leading provider of real estate services, including title insurance, property and casualty insurance, and mortgage services. It is headquartered in Houston, Texas, and has a long-standing reputation in the industry.
What services does Mortgage Contracting Services (MCS) offer?
MCS provides property preservation services to mortgage servicers and lenders, helping them manage and maintain properties in default or foreclosure. Their services include property inspections, maintenance, and repairs.
Why is Stewart acquiring MCS?
Stewart is acquiring MCS to expand its Real Estate Solutions portfolio and offer property preservation services to its lender and servicer customers. This acquisition aligns with Stewart's goal of enhancing its lender services and broadening its customer base.
What is the expected impact of this acquisition on the property services industry?
The acquisition is expected to elevate mortgage service standards and deliver meaningful impact across the property services industry. It combines Stewart's extensive experience with MCS's leading technology and high level of customer service.
When is the transaction expected to close?
The transaction is expected to close before the end of the year, subject to customary closing conditions and the expiration or termination of the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976.
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