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BOSTON-DebtX, a locally based loan advisor, is taking roughly $500 million worth of performing and nonperforming loans to market. The loans are from three unnamed financial institutions. DebtX would not reveal whose loans they are marketing.

“Sellers are moving aggressively to dispose of loans and benefit from stronger balance sheets,” Kingsley Greenland, DebtX CEO, explains in a release. “Investors have an opportunity to buy a wide range of both performing and nonperforming loans from these sales.”

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