(openPR) - CHICAGO – (4/5/10) – Leading Real Estate Companies of the World® (LeadingRE), a global real estate network, has named Mortgage Debt Services as a vendor associate for its Leading Real Estate Solutions® division, which endorses select real estate products and services for the network’s 600+ member firms.

Mortgage Debt Services supports real estate companies by relieving their agents from the task of negotiating potential short sales.

“Our services allow agents to focus on their core business, rather than assuming the burdensome tasks related to short sales,” notes Steve Early, EVP of Mortgage Debt Services. “These activities decrease the agent’s effective earning potential because they do not result in the creation of additional transactions. By managing the entire short sale process for them, Mortgage Debt Services frees the agent to invest that time in activities directed at generating additional transactions.”

“As short sales become more common, the need to service these transactions in a systematic and effective way has become increasingly important,” said Phil Edwards, LeadingRE Vice President. “Mortgage Debt Services has extensive experience in this area, making them the ideal partner to help our member brokerage firms assist clients with short sales.”
For more information, please visit www.mdsstatus.com or call 800.607.9000 Ext 138.

For more information on Leading Real Estate Companies of the World®, please visit www.LeadingRE.com or call 800.621.6510.

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About Leading Real Estate Companies of the World®
Leading Real Estate Companies of the World® (www.LeadingRE.com) is a global real estate network comprised of over 600 of the best-known local and regional real estate firms. With nearly 5,000 offices and 150,000 sales associates in the United States and 35 countries abroad, LeadingRE affiliates sell almost $300 billion in home sales, representing nearly one million transactions annually. The network has #1 marketshare in more of the top 88 U.S. markets than any national brand, representing a powerful force in American real estate.

About Mortgage Debt Services
Mortgage Debt Services, LLC (www.mdsstatus.com) offers a full-service assistance program to aid home owners and financial institutes in managing mortgage delinquency. The company’s founders have been in the loss mitigation business for almost twenty years and have enjoyed incredible success with lenders across the country. MDS has negotiated that indebtedness to zero 99% of the time, thereby, allowing the homeowner to move on with their life and not have to worry about paying back any of that shortfall.

Leading Real Estate Companies of the World
161 N Clark Street, Ste 1250
Chicago IL 60601
Robin LaSure, 312.424.0436, rlasure@leadingre.com