Parseghian Joins DebtX Advisory Board

DebtX, a Boston-based loan sale adviser, has announced that former Freddie Mac chief executive officer Greg Parseghian has joined the company's advisory board.DebtX helps commercial banks, insurance companies, pension funds, investment banks, credit card companies, and consumer finance firms analyze, price, and market single loans or pools of loans -- including residential mortgages -- to more than 2,800 accredited buyers in the United States and abroad, according to the company. Mr. Parseghian said the company is bringing "much-needed liquidity to a broad range of loan portfolios across the entire financial services industry." Mr. Parseghian joined Freddie Mac in 1996 as senior vice president and chief investment officer, rose to CEO and president, and was forced to resign by regulators in the wake of the government-sponsored enterprise's accounting scandal. DebtX can be found online at http://www.debtx.com.