{"filings":[{"id":721963,"accession_number":"0001104659-26-067490","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2026-05-28T20:10:12+00:00","items":["8.01","9.01"],"status":"ready","headline":"Two Harbors adjourns special meeting on CCM deal to June 11; board reaffirms support","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Adjourned to June 11, 2026 at 10:00 AM ET; record date still April 15.","CCM offers $12.00/share all-cash, a 21% premium to unaffected price and 19% to tangible book.","Common stockholders get pro-rated stub dividend; preferred redeemed at $25.00 plus accrued dividends.","HSR waiting period terminated early on May 21; 41 of 53 state/agency approvals obtained.","Board warns UWMC's latest proposal could default 25-30% of stockholders into ~$7.23/share stock."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":527038,"accession_number":"0001104659-26-063828","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2026-05-19T20:14:12+00:00","items":["8.01","9.01"],"status":"ready","headline":"Two Harbors adjourns special meeting for CCM acquisition to May 28; court denies TRO","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Special meeting adjourned to May 28, 2026 at 10:00 a.m. ET for additional proxy solicitation.","Board unanimously recommends voting FOR the $12.00/share cash acquisition by CrossCountry Mortgage.","Federal court in Assad v. Two Harbors denied TRO; found proxy disclosures sufficient; dismissed preliminary injunction as moot.","Stockholders who already voted FOR need no further action; proxies will be voted at reconvened meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":452076,"accession_number":"0001104659-26-061733","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2026-05-15T10:42:47+00:00","items":["8.01","9.01"],"status":"ready","headline":"Stockholder lawsuit filed against Two Harbors, seeks to enjoin May 19 merger vote","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["George Assad filed complaint May 13, 2026 in MD federal court against Two Harbors and directors.","Alleges proxy statement omitted material facts about management entrenchment favoring lower-priced CrossCountry deal.","Seeks TRO and preliminary injunction to stop May 19 special meeting until corrective disclosures made.","Two Harbors says complaint is without merit but discloses it publicly to avoid litigation delay risk.","UWMC raised cash election to $12.50/share on May 11; board rejected prior $12.00 CrossCountry matching amendment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":78762,"accession_number":"0001104659-26-060760","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2026-05-14T13:09:05+00:00","items":["8.01"],"status":"ready","headline":"Two Harbors gets waiver to pay stub dividend up to $0.34/share if merger closes after quarter end","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CCM waived Section 6.1(b)(i) restrictions to permit a pro-rated dividend for the quarter in which the merger closes.","The stub dividend equals prior quarterly dividend (max $0.34/share) times days elapsed since last quarter end divided by days in quarter.","Record date is immediately before the merger's effective time; payment conditioned on closing and paid soon after.","Two Harbors continues paying regular quarterly dividends for completed quarters prior to closing.","The waiver removes a potential impediment to the merger timeline."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92984,"accession_number":"0001104659-26-057533","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2026-05-08T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Two Harbors raises all-cash merger consideration to $12.00/share in amended CrossCountry deal","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Per-share cash consideration increased by $0.70 to $12.00, a 21% premium to the unaffected share price.","CrossCountry's fully committed $3.4B financing package includes a $1.4B unsecured commitment; no financing contingency.","Regulatory progress: 35 of 53 required approvals obtained; expected close in Q3 2026.","Board unanimously reaffirms recommendation; TWO stockholders vote May 19, 2026; UWMC stock consideration currently valued at $7.88/share.","Upon closing, TWO will be delisted from NYSE and become a wholly owned subsidiary of CrossCountry."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92983,"accession_number":"0001104659-26-050822","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2026-04-29T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Two Harbors raises CCM merger cash consideration to $11.30/share after competing UWM bid","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Per-share cash consideration increased to $11.30 from $10.80; special meeting remains May 19, 2026.","Termination fee payable by Two Harbors to CCM increased from $25.4M to $50.0M.","Two Harbors Board unanimously approved amended deal; reaffirms recommendation for stockholder vote.","Transaction expected to close in Q3 2026; preferred shares to be redeemed at $25.00 plus dividends.","Amendment follows unsolicited competing proposal from UWM Holdings Corporation received April 20, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92982,"accession_number":"0001465740-26-000024","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2026-04-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Two Harbors Q1 2026: New merger with CrossCountry Mortgage at $11.30/share","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Entered definitive merger with CCM at $11.30/share (up from $10.80), terminated prior UWM deal.","Q1 comprehensive loss of $24.7M ($0.24/share), GAAP net income $19.5M ($0.18/share).","Book value $10.57, declared $0.34 dividend, quarterly economic return on book value (2.0%).","MSR portfolio $2.38B, weighted average gross coupon 3.54%, 60+ day delinquencies 0.81%.","Transaction expected H2 2026; preferred stock redeemed at $25/share plus dividends."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104260,"accession_number":"0001104659-26-035663","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2026-03-27T23:59:59+00:00","items":["1.01","1.02","7.01","9.01"],"status":"ready","headline":"Two Harbors to be acquired by CrossCountry Mortgage affiliate for $10.80/share cash; terminates UWM deal","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Stockholders receive $10.80/share cash in merger with CrossCountry affiliate; board unanimously approved.","Prior merger with UWM Holdings ($UWMC) terminated; $25.4M termination fee paid by CrossCountry on behalf of Two Harbors.","Special meeting to vote on UWM merger (scheduled April 7, 2026) canceled.","Combined entity to span mortgage origination through servicing, aiming to boost retention and recurring revenue.","Two Harbors intends to pay regular quarterly dividends until closing in ordinary course."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104259,"accession_number":"0001465740-26-000016","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2026-03-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"TWO receives superior proposal from CCM at $10.70/shr; also a $10.75/shr bid; UWMC match right active","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["CCM offers $10.70/share cash plus payment of $25.4M termination fee to UWMC.","Additional unsolicited cash offer of $10.75/share from a third party received.","TWO's ad hoc committee determined CCM proposal is a 'Company Superior Proposal'.","UWMC has match right until 11:59 am ET March 25; has proposed revised terms.","Special meeting of stockholders postponed to April 7, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104258,"accession_number":"0001104659-26-031787","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2026-03-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Two Harbors receives unsolicited $10.70/share cash bid; ad hoc committee deems it could be superior to UWMC merger","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Unsolicited proposal to buy all outstanding shares of TWO common stock at $10.70 per share in cash.","Offer also includes payment of $25.4M termination fee to terminate existing UWMC merger agreement.","Ad hoc committee determined in good faith that proposal could reasonably lead to a 'Company Superior Proposal' under UWMC deal terms.","Committee has not yet determined whether proposal is superior; will continue discussions with bidder.","UWMC merger agreement remains in effect; special stockholder meeting for UWMC merger still set for March 24, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104257,"accession_number":"0001465740-26-000012","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2026-03-16T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Two Harbors adjourns special meeting on UWM merger to March 24 for more proxy solicitation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Special meeting adjourned to March 24, 2026 at 11:00 a.m. ET to allow additional voting on merger with UWM Holdings Corporation.","Record date remains February 10, 2026; proxies previously submitted will be voted unless revoked.","Board continues to recommend stockholders vote 'FOR' the all-stock acquisition at 2.3328 UWMC shares per TWO share.","Stockholders who have not yet voted are encouraged to do so promptly; D.F. King & Co. assisting as proxy solicitor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104256,"accession_number":"0001465740-26-000003","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2026-02-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Two Harbors agrees to be acquired by UWMC in all-stock deal valued at $11.94/sh; reports Q4 earnings","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Two Harbors stockholders to receive 2.3328 UWMC shares per TWO share, representing a 21% premium to 30-day VWAP.","Transaction expected to close in Q2 2026; subject to TWO stockholder approval and regulatory clearances.","Q4 2025 comprehensive income of $50.4M ($0.48 per basic share); book value $11.13/sh; declared $0.34/sh dividend.","Added $399M UPB of MSR via flow-sale and recapture; sold $9.6B MSR UPB on subservicing-retained basis.","Annual 2025 economic return on book value (12.6%); excluding litigation settlement, 12.1% return."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120549,"accession_number":"0001104659-25-122070","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2025-12-17T23:59:59+00:00","items":["1.01","5.02","9.01"],"status":"ready","headline":"Two Harbors to merge with UWM in all-stock deal valued at $1.3B","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Each TWO common share to receive 2.3328 UWM Class A shares; equity value ~$1.3B.","Preferred shares convert into corresponding UWM preferred series; all-stock consideration.","Transaction requires TWO stockholder approval, HSR clearance, and tax opinion as 'reorganization'.","Termination fee of $25.35M payable by TWO if it accepts a superior proposal or changes recommendation.","TWO Board unanimously recommends; UWM Board also approved; expected close within 12-15 months."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120548,"accession_number":"0001104659-25-121835","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2025-12-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"UWM to acquire Two Harbors in all-stock deal valued at $1.3B","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Two Harbors stockholders get 2.3328 UWMC shares per TWO share, a 21% premium over 30-day VWAP.","Transaction expected to close in Q2 2026, subject to TWO stockholder and regulatory approvals.","Combined MSR portfolio ~$400B; annual cost and revenue synergies targeted at ~$150M.","UWM shareholders to own ~87% and TWO shareholders ~13% of combined company on fully diluted basis.","Boards of both companies unanimously approved; TWO will designate one director to expanded 11-member board."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120547,"accession_number":"0001465740-25-000150","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2025-10-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Two Harbors Q3 comprehensive loss $80.2M; includes $175.1M litigation settlement; book value $11.04","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Comprehensive loss of $80.2M ($0.77 per share); GAAP net loss $141.2M ($1.36 per share).","Recorded $175.1M litigation settlement expense with former external manager; excluding it, comprehensive income was $94.9M.","Book value per share $11.04 (down 9.1% sequentially); declared $0.34 dividend, 13.8% annualized yield.","Adjusted economic return of 7.6% excluding litigation; reported economic return (6.3)%, year-to-date (15.6)%.","Settled $698M UPB of MSR through flow sales; boarded new subservicing client via $30B UPB transfer."],"consensus_eps_estimate":0.3661,"consensus_eps_actual":-4.87,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137142,"accession_number":"0001104659-25-091684","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2025-09-19T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Two Harbors files new ATM program to sell up to 15M shares via Citizens JMP and BTIG","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Offers up to 15,000,000 shares of common stock under at-the-market program.","Sales agents Citizens JMP Securities and BTIG each to receive up to 2% of gross proceeds.","Equity Distribution Agreements dated September 19, 2025; Citizens JMP amended and restated.","Shares may be sold directly on NYSE or through market makers in negotiated transactions.","Two Harbors has agreed to indemnify sales agents against certain liabilities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137141,"accession_number":"0001104659-25-080919","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2025-08-20T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Two Harbors settles Pine River litigation for $375M, declares Q3 dividend $0.34/share","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Resolved all claims with Pine River for a one-time cash payment of $375M, payable within 30 days.","Estimated book value per common share of $12.73 as of Aug 15, 2025; adjusted to $11.06 after settlement.","Signed term sheet with new subservicing client, adding ~$20B UPB in MSR; third-party subservicing rises to $31B.","Declared Q3 2025 common dividend of $0.34 per share, payable Oct 29 to holders of record Oct 3.","Preferred dividends declared: Series A $0.50781, B $0.47656, C $0.61250, payable Oct 27."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137139,"accession_number":"0001465740-25-000138","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K/A","filed_at":"2025-07-29T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Two Harbors corrects Q2 financials: comprehensive loss $221.8M, contingency $199.9M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Corrected calculation of total liabilities, interest expense, and MSR bulk purchases count in press release and presentation.","Comprehensive loss of $221.8M ($2.13/share) including $199.9M litigation contingency for PRCM Advisers.","Book value per common share $12.14; quarterly dividend $0.39/share; quarterly economic return on book value (14.5)%.","Issued $115M of 9.375% Senior Notes due 2030; settled $6.6B UPB of MSR through four bulk purchases."],"consensus_eps_estimate":0.3687,"consensus_eps_actual":-3.51,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137140,"accession_number":"0001465740-25-000133","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2025-07-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Two Harbors posts $221.8M comprehensive loss; $199.9M litigation charge sinks book value to $12.14","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Comprehensive loss of $221.8M ($2.13/share); GAAP net loss $272.3M ($2.62/share).","Recorded $199.9M contingency liability for PRCM Advisers litigation; excluding this, comprehensive loss was $21.9M.","Declared Q2 common dividend of $0.39/share; quarterly economic return on book value of -14.5%.","Issued $115M of 9.375% senior notes due 2030, net proceeds $110.8M.","Book value per share fell to $12.14 from $14.66 at March 31, 2025."],"consensus_eps_estimate":0.3687,"consensus_eps_actual":-3.51,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154417,"accession_number":"0001104659-25-054261","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2025-05-29T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Two Harbors records $198.9M contingency liability after court ruling in PRCM dispute","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Court overruled company's objections; granted plaintiffs' summary judgment that Two Harbors had no cause to terminate management agreement.","Company expects to accrue $198.9M in contingency liability and expense for May 2025 for termination fee plus pre-judgment interest.","Company's own summary judgment motion denied; counterclaims dismissed.","Additional claims for which summary judgment was denied are not accrued as loss not probable or estimable."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154416,"accession_number":"0001465740-25-000113","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2025-05-15T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Two Harbors annual meeting results: all proposals approved","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Shareholders elected eight directors to board until 2026 meeting, each with majority support.","Advisory vote on executive compensation approved with 60.8M for, 2.2M against.","Ratification of Ernst & Young as auditor for 2025 passed with 80.6M for, 0.8M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154415,"accession_number":"0001104659-25-047870","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2025-05-13T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Two Harbors closes $115M offering of 9.375% Senior Notes due 2030; net proceeds ~$110.8M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $115M aggregate principal of 9.375% Senior Notes due 2030; includes $15M over-allotment exercised.","Net proceeds expected ~$110.8M after underwriting discounts and expenses.","Interest payable quarterly starting Aug 15, 2025; notes mature Aug 15, 2030, redeemable after May 15, 2027.","Proceeds for general corporate purposes, including refinancing of 6.25% due 2026 debt and target asset purchases.","Notes are senior unsecured obligations ranking equal to existing unsecured debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154414,"accession_number":"0001104659-25-045359","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Two Harbors issues $100M 9.375% Senior Notes due 2030; underwriters can add $15M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$100M aggregate principal of 9.375% Senior Notes due 2030; 30-day over-allotment option for additional $15M.","Underwriters include Morgan Stanley, Goldman Sachs, Piper Sandler, RBC Capital Markets, UBS, Wells Fargo.","Closing expected May 13, 2025; net proceeds for general corporate purposes including debt refinancing and asset purchases.","Entered Third Supplemental Indenture with BNY Mellon and U.S. Bank to appoint trustee for future debt series."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154413,"accession_number":"0001465740-25-000100","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2025-04-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Two Harbors reports Q1 comprehensive income $64.9M ($0.62/share); book value $14.66; GAAP net loss $92.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Book value per common share $14.66, up from $14.47 at Dec 2024; quarterly dividend $0.45 (4.4% economic return).","Comprehensive income $64.9M vs loss $1.6M in Q4 2024; GAAP net loss $92.2M ($0.89) vs income $264.9M ($2.54).","Earnings available for distribution (non-GAAP) $25.1M ($0.24) vs $21.2M ($0.20) in Q4.","Settled $174.9M UPB of MSR via flow acquisitions; post-quarter committed to $1.7B UPB via two bulk deals.","MSR 60+ day delinquencies 0.85% (up from 0.69%); 3-month CPR 4.2% vs 3.9% year ago."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.89,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154412,"accession_number":"0001465740-25-000095","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2025-04-18T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Two Harbors CFO William Dellal rescinds planned resignation, will remain in role","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["William Dellal continues as Vice President and CFO; prior resignation effective May 5, 2025 is withdrawn.","Board confirmed designation on April 18, 2025; no new compensatory arrangements or modifications.","No grants or awards made in connection with Mr. Dellal's agreement to stay."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172989,"accession_number":"0001465740-25-000061","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2025-01-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Two Harbors Q4 comprehensive loss $0.03/sh; book value $14.47; dividend $0.45 flat","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Comprehensive loss of $1.6M ($0.03/sh); GAAP net income $264.9M ($2.54/sh) on mark-to-market gains.","Book value per share fell to $14.47 from $14.93; declared $0.45 dividend (flat q/q).","Earnings Available for Distribution (EAD) of $21.2M ($0.20/sh), up from $13.2M in Q3.","MSR portfolio fair value $2.99B; settled $2.5B UPB in acquisitions during Q4.","Full year 2024 total economic return on book value of 7.0%; annualized Q4 dividend yield 15.2%."],"consensus_eps_estimate":null,"consensus_eps_actual":2.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190009,"accession_number":"0001465740-24-000200","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Two Harbors appoints Travis Swenson as CFO effective May 5, 2025; interim CFO Dellal to resign","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Travis Swenson named CFO, effective May 5, 2025; will serve as Deputy CFO until then.","Swenson receives $450k base salary and $150k signing bonus.","Swenson previously CFO at Colliers Mortgage Holdings (2020-2024); roles at CBRE, WeWork, Deloitte.","Interim CFO William Dellal to resign on May 5, 2025 effective date.","Swenson also serves on board of Air T, Inc. as Audit Committee Chair."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190008,"accession_number":"0001465740-24-000193","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2024-10-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Two Harbors Q3 comprehensive income $19.3M; GAAP net loss $250M; book value $14.93","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Comprehensive income $19.3M ($0.18/share); GAAP net loss $250.3M ($2.42/share) due to mark-to-market on MSR and RMBS.","Book value per common share $14.93, down from $15.19 in Q2; declared dividend $0.45; economic return on BV 1.3% for Q3.","Settled $3.3B UPB of MSR acquisitions in Q3; post-quarter committed to purchase additional $2.1B UPB bulk.","Launched direct-to-consumer originations: funded $22.4M UPB in first lien loans, brokered $7.5M in second lien."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206518,"accession_number":"0001465740-24-000184","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2024-08-28T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Two Harbors appoints Jillian Halm as CAO; Blake Johnson resigns as Acting CAO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Blake Johnson resigns as Acting CAO effective no later than Oct 25, 2024; remains in non-officer role through transition.","Jillian Halm appointed CAO effective Aug 28, 2024, promoted from Controller; reports to Interim CFO William Dellal.","Halm has been with Two Harbors since 2010 in finance roles (Controller, Assistant Controller, Reporting Manager); prior KPMG.","No new compensatory arrangements or employment agreement for Halm in connection with appointment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206517,"accession_number":"0001465740-24-000166","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2024-08-01T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"CFO Mary Riskey retires; William Dellal named interim CFO; Blake Johnson acting CAO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mary Riskey resigned as VP and CFO on Aug 1, 2024, consistent with previously announced retirement.","William Dellal appointed VP and Interim CFO; base salary $500k/yr, guaranteed 2024 cash bonus $213,115, plus $500k RSU award in Q1 2025.","Blake Johnson, Controller since 2018, appointed Acting Chief Accounting Officer; no new compensation.","Dellal, 74, previously President/CFO of Caliber Home Loans and Head of Capital Markets at CitiMortgage; holds PhD from MIT.","Dellal ineligible for Severance Benefits Plan due to interim role; additional $286,885 severance if removed without cause before first anniversary."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206516,"accession_number":"0001465740-24-000161","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2024-07-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Two Harbors reports Q2 book value $15.19, flat economic return; dividend $0.45","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Comprehensive income of $0.5M ($0.00 EPS); GAAP net income $44.6M ($0.43 EPS).","Book value per share fell to $15.19 from $15.64 in Q1; H1 total economic return 5.8%.","Repurchased $10M of convertible notes; increased ATM offering by 11.2M shares.","MSR portfolio: sold $6.4B UPB, settled $327.8M flow acquisitions; post-Q2 bulk buy of $1.6B UPB.","Debt-to-equity ratio 4.5x; economic debt-to-equity 6.8x; cost of financing 4.76% including hedges."],"consensus_eps_estimate":null,"consensus_eps_actual":2.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206515,"accession_number":"0001104659-24-083961","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2024-07-30T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Two Harbors increases ATM equity capacity to 15M shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment to Equity Distribution Agreement with Citizens JMP Securities raises maximum shares to 15,000,000.","Sales may be made on NYSE or through market makers as 'at-the-market' offerings under Rule 415.","Placement Agent receives up to 2% of gross proceeds; Two Harbors indemnifies agent against certain liabilities.","New prospectus supplement filed July 30, 2024; prior agreements from November 2022 and February 2024 amended."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":223672,"accession_number":"0001465740-24-000118","cik":1465740,"company_name":"TWO HARBORS INVESTMENT CORP.","ticker":"TWO","form_type":"8-K","filed_at":"2024-05-15T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Two Harbors shareholders elect all nine directors, approve say-on-pay, ratify E&Y","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All nine director nominees elected with >60M votes for each; broker non-votes of ~16.6M shares.","Advisory vote on executive compensation approved with 61.4M for, 2.8M against, 0.4M abstain.","Ratification of Ernst & Young as auditor for 2024 passed with 79.9M for, 0.9M against, 0.4M abstain.","Annual meeting held May 15, 2024; no material changes to governance or board composition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":1312028699.3492823,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}