secwatch.observer — SEC 8-K summary
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Issuer:     TWO HARBORS INVESTMENT CORP. (TWO)
CIK:        0001465740
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0001465740-23-000038
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Two Harbors Q4 2022: Book value $17.72, comprehensive income $160.2M; MSR acquisition announced
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- Book value of $17.72 per common share, up from $16.42 in Q3 2022; declared $0.60 dividend per share.
- Comprehensive income of $160.2M ($1.85 per basic share); GAAP net loss of $262.4M ($3.04 per share).
- Earnings Available for Distribution (EAD) of $22.2M ($0.26 per share); Income Excluding Market-Driven Value Changes $0.73 per share.
- Matrix Financial Services agreed to acquire RoundPoint Mortgage Servicing Corp; expected close Q3 2023.
- Post-quarter-end book value estimated up ~4% through Jan 31; issued 10M common shares for ~$175.6M net proceeds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1465740/000146574023000038/0001465740-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1465740/000146574023000038/two-20230208.htm
  HTML page:      https://secwatch.observer/filing/0001465740-23-000038

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