Two Harbors Investments Announces Amended Merger Deal and Q1 Earnings Update
Two Harbors Investments announced an amended all-cash merger with CrossCountry Mortgage at $11.30 per share, which the board unanimously supports over competing bids. The company also reported a -2.0% economic return for Q1 2026 and recorded a comprehensive loss of $24.7 million due to mark-to-market losses on agency RMBS/TBAs.
Tickers: $TWO
Topics: Earnings Report M&A Real Estate Investment Trusts (REITs)