{"schema_version":"secwatch.filing_event.v1","accession":"0001465740-26-000003","form_type":"8-K","ticker":"TWO","cik":"0001465740","company_name":"TWO HARBORS INVESTMENT CORP.","filed_at":"2026-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.128405+00:00","generated_at":"2026-05-16T05:34:37.883650+00:00","sec_items":["2.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Two Harbors agrees to be acquired by UWMC in all-stock deal valued at $11.94/sh; reports Q4 earnings","bullets":["Two Harbors stockholders to receive 2.3328 UWMC shares per TWO share, representing a 21% premium to 30-day VWAP.","Transaction expected to close in Q2 2026; subject to TWO stockholder approval and regulatory clearances.","Q4 2025 comprehensive income of $50.4M ($0.48 per basic share); book value $11.13/sh; declared $0.34/sh dividend.","Added $399M UPB of MSR via flow-sale and recapture; sold $9.6B MSR UPB on subservicing-retained basis.","Annual 2025 economic return on book value (12.6%); excluding litigation settlement, 12.1% return."],"urls":{"canonical":"https://secwatch.observer/filing/0001465740-26-000003","json":"https://secwatch.observer/filing/0001465740-26-000003.json","markdown":"https://secwatch.observer/filing/0001465740-26-000003.md","text":"https://secwatch.observer/filing/0001465740-26-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1465740/000146574026000003/0001465740-26-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1465740/000146574026000003/two-20260202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T05:34:37.883650+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"}