secwatch.observer — SEC 8-K summary
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Issuer:     TWO HARBORS INVESTMENT CORP. (TWO)
CIK:        0001465740
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001465740-24-000193
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Two Harbors Q3 comprehensive income $19.3M; GAAP net loss $250M; book value $14.93
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1465740/000146574024000193/0001465740-24-000193-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1465740/000146574024000193/two-20241028.htm
  HTML page:      https://secwatch.observer/filing/0001465740-24-000193

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer