The Debt Exchange Inc, the world's leading marketplace for loans said Friday it will sell more than $318 Million in loans in Federal Deposit Insurance Corporation, which occur on March 31 and is also selling $220 million loans on March 17.

The loans are being offered on behalf of the FDIC as receiver for California-based Security Pacific Bank. These loans are secured by a wide range of collateral, including commercial real estate, business and consumer assets.

This FDIC transaction is expected to generate strong interest from buyers around the world, said DebtX CEO Kingsley Greenland.

California