{"schema_version":"secwatch.filing_event.v1","accession":"0001465740-23-000082","form_type":"8-K","ticker":"TWO","cik":"0001465740","company_name":"TWO HARBORS INVESTMENT CORP.","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.944531+00:00","generated_at":"2026-06-16T04:52:24.426611+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Two Harbors Q1 2023 comprehensive loss of $63.2M; book value falls to $16.48","bullets":["Comprehensive loss of $63.2M or $(0.69) per diluted share; GAAP net loss of $189.2M ($2.05).","Book value per share fell 7% to $16.48 from $17.72; quarterly economic return of (3.6)%.","Earnings available for distribution (EAD) of $8.3M ($0.09); income ex-market changes (IXM) of $0.59 per share.","Issued 10M common shares for net proceeds ~$175.6M to fund MSR acquisitions; acquired $10.7B UPB of MSR.","Net spread narrowed to 0.52% (Q4'22: 0.97%) as portfolio yield rose to 5.09% but cost of financing rose to 4.57%."],"urls":{"canonical":"https://secwatch.observer/filing/0001465740-23-000082","json":"https://secwatch.observer/filing/0001465740-23-000082.json","markdown":"https://secwatch.observer/filing/0001465740-23-000082.md","text":"https://secwatch.observer/filing/0001465740-23-000082.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1465740/000146574023000082/0001465740-23-000082-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1465740/000146574023000082/two-20230501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T04:52:24.426611+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e3752869a0369f9f8270e348dfb427312efcb584","claim":"TWO HARBORS INVESTMENT CORP. reported the quarter ended March 31, 2023 results: net income Incurred a Comprehensive Loss of $63.2 million, or $(0.69) per weighted average basic common share..","evidence_excerpt":"On May 1, 2023, Two Harbors Investment Corp. issued a press release announcing its financial results for the fiscal quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1465740/000146574023000082/0001465740-23-000082-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"Incurred a Comprehensive Loss of $63.2 million, or $(0.69) per weighted average basic common share."},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}