Two Harbors to be acquired by CrossCountry Mortgage affiliate for $10.80/share cash; terminates UWM deal

TWO HARBORS INVESTMENT CORP.

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.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TWO HARBORS INVESTMENT CORP. entered into Agreement and Plan of Merger with CrossCountry Intermediate Holdco, LLC and CrossCountry Merger Corp. (effective 2026-03-27).

Action: entry
Agreement: merger
Counterparty: CrossCountry Intermediate Holdco, LLC and CrossCountry Merger Corp.
Effective: 2026-03-27

Exact text from the filing

On March 27, 2026, Two Harbors Investment Corp., a Maryland corporation (“Two Harbors”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among Two Harbors, CrossCountry Intermediate Holdco, LLC, a Delaware limited liability company (“CCM”), and CrossCountry Merger Corp., a Maryland corporation and a wholly owned subsidiary of CCM (“Merger Sub”).

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299 material agreements filed in the last 30 days. Browse all material agreements →

TWO HARBORS INVESTMENT CORP. filing history →

Source: SEC EDGAR

accession 0001104659-26-035663

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