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dv01, a company that provides data analytics and pricing tools for the lending markets, announced Tuesday its acquisition of Pragmic Technologies, a provider of data for agency mortgage-backed securities.
The purchase will allow dv01 to expand into the nearly $9 trillion market for agency mortgage bonds. Data didn t really become a priority until post-crisis for this market, dv01 founder and CEO Perry Rahbar told Insider.
dv01 also announced the closing of a $6 million B3 financing round, with a new investment from one of the largest agency mortgage REITs in the country, AGNC Investment Corp.
Read more about Force Motors gains after board OKs fund raising on Business Standard. Force Motors rose 2.98% to Rs 1417.70 after the company said that its board on Monday (11 January 2021) approved raising upto Rs 500 crore through issue of non-convertible debentures.
Updated Jan. 12, 2021 5:49 pm ET
The storming of the Capitol last week by a pro-Trump mob will ratchet up the pressure on President Trumpâs family business at a moment when some of his most lucrative assets were already suffering from the pandemic and facing looming debt payments.
One of the Trump Organizationâs most loyal partners, German lender Deutsche Bank AG , is moving to distance itself from the presidentâs businesses and is unlikely to lend it more money, said a person familiar with the matter. The bank has lent the Trump Organization more than $300 million that will mature in 2023 and 2024, forcing the company to refinance the debt or pay it off by potentially selling assets.