DebtX and boutique investment banking firm KEMA have signed a multi-year agreement with the U.S. Department of Housing and Urban Development (HUD) to sell commercial real estate loans via www.debtx.com.

Operating as KDX Ventures (KDX), DebtX and KEMA will assist HUD in selling some of its multifamily and healthcare portfolio loans. The loans were primarily assigned to HUD after default by a borrower or co-insuring lender. The first sale under the agreement is expected to be executed in early 2009.

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