secwatch.observer — SEC 8-K summary
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Issuer:     TWO HARBORS INVESTMENT CORP. (TWO)
CIK:        0001465740
Form:       8-K
Filed at:   2025-08-20T23:59:59+00:00
Accession:  0001104659-25-080919
Event type: litigation
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Two Harbors settles Pine River litigation for $375M, declares Q3 dividend $0.34/share
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1465740/000110465925080919/0001104659-25-080919-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1465740/000110465925080919/tm2523885d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-080919

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