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Florida Firm Growing, Hiring

Mortgage Contracting Services adds 92 employees in 2008

Aug. 19, 2008

By MortgageDaily.com staff


A Florida-based company that helps servicers with real estate owned has added nearly 100 employees this year and has plans to add more.

Mortgage Contracting Services announced today that it has doubled its office space in Tampa, Fla., and Dallas to accommodate "explosive growth."

So far this year, the firm said it has hired about 92 employees. The addition of several new customers during the second quarter has created the need for another 37 new positions.

Mortgage Contracting said it is a national property preservation company that provides property inspections, property preservation, REO property maintenance and hazard claims administration for some of the biggest U.S. mortgage servicers. It also provides valuation services and default management.

Chief Executive Officer Allan Martin noted in the press release that the success of the company, which is one of the largest property preservation companies in the nation, is the result of specialized service.

The company, founded in 1985, reportedly relies on a national network of subcontractors.

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