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GPMT - Barrack urges a 'time out' on margin calls in CMBS market
Granite Point Mortgage Trust Inc.
Tom Barrack, chairman and CEO of Colony Capital (NYSE:CLNY), calls for a moratorium on margin calls made on mREITs and asks the Fed to step in and provide support for mortgage debt values.
More news on: Colony Capital, Inc., Annaly Capital Management, Inc., AGNC Investment Corp., Financial stocks news, News on ETFs,