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Midwest Real Estate Data LLC (MRED) Offers Service to Speed Up Short Sales

mred new logo with tagline If you feel like you need more assistance with Short Sales, consider asking your local MLS to provide a technology solution to meet your need.

A modern example of an MLS expanding services to meet their customers' needs is MRED. Midwest Real Estate Data LLC (MRED) recently announced a new service providing short sale assistance to their customers.

Yesterday MRED announced it has entered into an Agreement with Fannie Mae to provide its customers the Fannie Mae Short Sale Assistance Desk (“Assistance Desk”).

The Assistance Desk provides brokers and agents the ability to significantly shorten the time they have to wait for approval from Fannie Mae on short sale transactions.  It helps real estate professionals with the handling of post-contract issues such as loan servicer responsiveness, the existence of a second lien or issues involving mortgage insurance.  

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