Two Harbors Investment Corp.

UWM tried for its first acquisition, then its stock fell and the math stopped working

When UWM Holdings Corp. lost its bid last week to acquire Two Harbors Investment Corp. (TWO), upstaged by an offer from rival CrossCountry Intermediate HoldCo, analysts were not entirely surprised. “It was such a wild turn of events,” said Eric Hagen, an analyst at BTIG. “But we were not surprised that it broke up.” The […]

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Two Harbors postpones vote on UWM merger after quorum miss

A special Two Harbors Investment Corp. (TWO) shareholder meeting to vote on its proposed acquisition by United Holding Corp., the parent of United Wholesale Mortgage (UWM), lacked a quorum Monday morning, forcing the company to reschedule the vote for March 24. “The TWO board of directors determined, and continues to believe, that the proposed transaction

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UWM raises revenue guidance ahead of Two Harbors vote

United Holding Corp., the parent of United Wholesale Mortgage (UWM), raised the bar on 2026 revenue expectations, issuing guidance just days ahead of a shareholder vote from Two Harbors Investment Corp. on UWM’s proposed $1.3 billion all-stock acquisition. “Even without the Two Harbors transaction, we now expect our total revenue for the first quarter of

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UWM shifts strategy with $1.3B Two Harbors deal, boosts servicing

The move by United Wholesale Mortgage’s (UWM) parent company to acquire Two Harbors Investment Corp. for $1.3 billion — the first acquisition in its history — marks a shift towards a more balanced business model between origination and servicing for the nation’s top mortgage lender. UWM will continue to focus on its broker channel, while

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