BOSTON, Nov. 17, 2016 /PRNewswire/ -- DebtX, the largest marketplace for loans, today announced expanded access to DXScore®, an innovative credit risk rating system for Commercial Real Estate (CRE) loans that enables institutions to make better risk and pricing decisions.
CRE loan originators can now obtain a credit rating for an individual loan by going to debtx.com and entering their data.
"Online access is a fast, easy way to get an individual loan's DXScore," said DebtX Managing Director Will Mercer. "Our objective in offering online DXScore is to help expedite the loan origination process for both lenders and mortgage bankers."
A mechanism to easily compare heterogeneous assets, DXScore provides a critical missing piece in loan risk assessment. That insight gives banks, insurance companies, warehouse lenders, and government agencies a better understanding of which loans to buy/originate, monitor, sell, or otherwise address as part of active portfolio management.
DXScore® rates CRE and multifamily loans individually and provides a single number for comparison. DXScore uncovers unforeseen risks and unintended biases that can be hidden by price or historical performance.
DXScore measures the credit risk of an individual loan or portfolio of loans independent of financial factors, such as required market yield. By reducing emphasis on loans' interest earned and focusing primarily on their bundle of credit-related factors, DXScore allows for the rank-ordering of a portfolio of loans by their overall level of risk.
For more information, contact Will Mercer, [email protected].
About DebtX
DebtX operates the world's most liquid marketplace for loans. Through its loan sale advisory, DebtX maximizes loan sale proceeds for financial institutions and government agencies. DebtX also provides loan valuation, analytics and market data for regulatory and audit purposes. For syndication, agency, and loan sale professionals, DebtX provides a suite of web-based deal management solutions. For loan originators and risk managers, DXScore® is the firm's credit rating system for commercial real estate loans. DebtX is based in Boston, with offices across the U.S., South America, Europe and Asia. Call 617.531.3400 or visit www.debtx.com. Follow DebtX on Facebook, Twitter and LinkedIn.
Logo - http://photos.prnewswire.com/prnh/20130725/SF52856LOGO
SOURCE DebtX
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article