Royal Bank of Canada taken legal action against by REIT over commercial mortgage-backed securities margin calls

The bank’s auction “would not just dramatically and prejudicially underprice these securities to Plaintiffs’ detriment, however would likewise likely speed up a chain reaction of other banks being pressed to foreclose on other mREITs’ promised securities, all at prices notified by the fire sale that defendants look for to hold,” the trust stated in the fit.

AG Mortgage Financial investment Trust revealed Monday it quit working to satisfy some margin calls and does not prepare for to be able to please future margin calls with its present funding.

Ethereum is Close to Being Flipped on its Own Blockchain

Source: Adobe/Aleksey. ERC20 tokens are taking over the Ethereum (ETH) network, possibly injuring the network's own coin ETH, according to ananalyst All is...

JPMorgan Loses USD 2.5M in Crypto Case, Dragonchain on Science Channel + More News

Source: Adobe/OlekStock. Crypto Briefs is your day-to-day, bite-sized absorb of cryptocurrency and blockchain-related news-- examining the stories flying under the radar of today's crypto...

Starting July 13 all new PS4 titles must also run on the PS5

Sony is releasing a new rule for gamedevelopers Starting on July 13, all sent titles must be forwards compatible with the upcoming...

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