{"schema_version":"secwatch.filing_event.v1","accession":"0001465740-25-000150","form_type":"8-K","ticker":"TWO","cik":"0001465740","company_name":"TWO HARBORS INVESTMENT CORP.","filed_at":"2025-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.460007+00:00","generated_at":"2026-05-17T02:09:55.995803+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Two Harbors Q3 comprehensive loss $80.2M; includes $175.1M litigation settlement; book value $11.04","bullets":["Comprehensive loss of $80.2M ($0.77 per share); GAAP net loss $141.2M ($1.36 per share).","Recorded $175.1M litigation settlement expense with former external manager; excluding it, comprehensive income was $94.9M.","Book value per share $11.04 (down 9.1% sequentially); declared $0.34 dividend, 13.8% annualized yield.","Adjusted economic return of 7.6% excluding litigation; reported economic return (6.3)%, year-to-date (15.6)%.","Settled $698M UPB of MSR through flow sales; boarded new subservicing client via $30B UPB transfer."],"urls":{"canonical":"https://secwatch.observer/filing/0001465740-25-000150","json":"https://secwatch.observer/filing/0001465740-25-000150.json","markdown":"https://secwatch.observer/filing/0001465740-25-000150.md","text":"https://secwatch.observer/filing/0001465740-25-000150.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1465740/000146574025000150/0001465740-25-000150-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1465740/000146574025000150/two-20251027.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:09:55.995803+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}