home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News


Mortgage News

HOT Topics









site map

twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

Secondary Marketing News | Correspondent Lender Directory
Mortgage portfolio trades and forward commitments. Correspondent lending, r e p u r c h a s e s and warehouse news. Secondary marketing statistics and lawsuits.


Leading Loan Sale Advisor To Expand Services

BOSTON, MA (April 24, 2002) -- DebtX, the largest dedicated loan sale advisor for commercial debt, announced today that its wholly owned subsidiary, DebtX Securities, Inc., has been granted membership by the National Association of Securities Dealers (NASD) as a registered broker-dealer.

The license enables DebtX Securities to tranche large loans to match investors' specific credit and yield requirements. Additionally, a broker-dealer license will allow DebtX to meet the growing demand for interest-only strips and mezzanine loans.

"A broker-dealer license will help DebtX expand and improve its scope of services to secondary market buyers and sellers," said DebtX CEO Kingsley Greenland. "As a broker-dealer, we can help sellers market smaller tranches to meet specific investor criteria, thus increasing the proceeds to sellers. This milestone is part of our larger strategy to enable financial institutions to create liquidity through active portfolio management."

DebtX"'s broker-dealer is one of a series of initiatives the company has executed in the past three months. While continuing to grow its commercial real estate loan business, DebtX has also begun offering residential loan pools for institutional sellers. DebtX recently handled the sale of NextBank"'s credit card portfolio.


About DebtX
The Debt Exchange, Inc. (DebtX) is one of the largest full service loan-sale advisors in the country, serving commercial banks, insurance companies, investment banks and other financial institutions. DebtX was founded to create a liquid secondary market for buyers and sellers of commercial and residential real estate debt, commercial and industrial loans and other corporate debt. DebtX offers traditional loan sale services through the industry"'s most experienced team of professionals and operates the most active Internet-based platform for secondary commercial debt, with more than 1,200 registered participants. DebtX's investors include Allied Capital Corp. (NYSE: ALD), Sparkventures, LLC, and OneLiberty Ventures.
hosted by USANow.net

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders

Copyright © 2002 MortgageDaily.com