""DebtX"":https://www.debtx.com/Default.asp --a large marketplace for commercial, residential, and consumer loans--announced it has signed onto a new five-year agreement with the Federal Deposit Insurance Corporation (FDIC).
The agreement allows DebtX to continue selling assets held in the agency's receiverships. DebtX has handled more than 60 transactions totally $4.8 billion for the FDIC since December 2007. DebtX also routinely sells loans for another government agency, HUD.
In addition, DebtX holds the role as financial advisor on both the United States and European panels of Ireland's National Asset Management Agency (NAMA).
Aside from trading capabilities, DebtX also provides valuation and analytics solutions to help marketplace participants understand price and liquidity trends.