secwatch / observer

TWO HARBORS INVESTMENT CORP. — fact timeline

Source-grounded facts extracted from TWO HARBORS INVESTMENT CORP.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

TWO TWO HARBORS INVESTMENT CORP. JSON

Ron Leonhardt was appointed as Director at TWO HARBORS INVESTMENT CORP..

“Ron Leonhardt, who was the director of Merger Sub immediately prior to the Effective Time, became the director of TWO.”

Hope B. Woodhouse departed as Director at TWO HARBORS INVESTMENT CORP..

“each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO”

James A. Stern departed as Director at TWO HARBORS INVESTMENT CORP..

“each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO”

Stephen G. Kasnet departed as Director at TWO HARBORS INVESTMENT CORP..

“each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO”

Karen Hammond departed as Director at TWO HARBORS INVESTMENT CORP..

“each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO”

William Greenberg departed as Director at TWO HARBORS INVESTMENT CORP..

“each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO”

Sanjiv Das departed as Director at TWO HARBORS INVESTMENT CORP..

“each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO”

James J. Bender departed as Director at TWO HARBORS INVESTMENT CORP..

“each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO”

E. Spencer Abraham departed as Director at TWO HARBORS INVESTMENT CORP..

“each of E. Spencer Abraham, James J. Bender, Sanjiv Das, William Greenberg, Karen Hammond, Stephen G. Kasnet, James A. Stern and Hope B. Woodhouse ceased to serve as directors of TWO”
Material Agreements

TWO HARBORS INVESTMENT CORP. amended Second Amendment to the Agreement and Plan of Merger with CrossCountry Intermediate Holdco, LLC and CrossCountry Merger Corp. valued at $12.00 per share (effective 2026-05-07).

“On May 7, 2026, Two Harbors Investment Corp. (“Two Harbors”) entered into a Second Amendment to the Agreement and Plan of Merger (the “Second Amendment”), by and among Two Harbors, CrossCountry Intermediate Holdco, LLC (“CCM”) and CrossCountry Merger Corp., a wholly owned subsidiary of CCM (“Merger Sub”), to amend the terms of the previously disclosed Agreement and Plan of Merger, dated March 27, 2026 (the “Original CCM Merger Agreement”), as amended by the First Amendment to the Agreement and Plan of Merger, dated April 28, 2026 (the “First Amendment”), by and among Two Harbors, CCM and Merger Sub (the Original CCM Merger Agreement, as amended by the First Amendment and the Second Amendment, the “Amended CCM Merger Agreement”).”
Material Agreements

TWO HARBORS INVESTMENT CORP. amended First Amendment to the Agreement and Plan of Merger with CrossCountry Intermediate Holdco, LLC valued at Increased per share consideration to $11.30 from $10.80; increased termination fee to $50.0 million (effective 2026-04-28).

“On April 28, 2026, Two Harbors Investment Corp. (“Two Harbors”) entered into a First Amendment to the Agreement and Plan of Merger (the “Amendment”), by and among Two Harbors, CrossCountry Intermediate Holdco, LLC (“CCM”) and CrossCountry Merger Corp., a wholly owned subsidiary of CCM (“Merger Sub”), to amend the terms of the previously disclosed Agreement and Plan of Merger, dated March 27, 2026 (the “Original CCM Merger Agreement” and, as amended by the Amendment, the “Amended CCM Merger Agreement”), by and among Two Harbors, CCM and Merger Sub.”
Earnings Releases

TWO HARBORS INVESTMENT CORP. reported the fiscal quarter ended March 31, 2026 results: net income $ 19,477, EPS $ 0.18.

“age basic common share Annualized return on average common equity Earnings Per weighted average basic common share Annualized return on average common equity Comprehensive (Loss) Income $ (24,714) $ (0.24) (8.4) % $ 50,429 $ 0.48 17.2 % GAAP Net Income (Loss) $ 19,477 $ 0.18 6.6 % $ (1,325) $ (0.02) (0.5) % Earnings Available for Distribution (1) $ 35,756 $ 0.34 12.2 % $ 27,435 $ 0.26 9.4 % Operating Metrics Dividend per common share $ 0.34 $ 0.34 Annualized dividend yield (2) 11.9 % 13.0 % Book value per common share at period end $ 10.57 $ 11.13 Economic return on book value (3) (2.0) % 3.9 % Operating expenses, excluding non-cash LTIP amortization and merger-related costs (4) $ 39,391 $ 43,699 Operating expenses, excluding non-cash LTIP amortization and merger-related costs, as a percentage of average equity (4) 8.8 % 9.7 % _______________ (1) Earnings Available for Distribution, or E”
Material Agreements

TWO HARBORS INVESTMENT CORP. entered into Agreement and Plan of Merger with CrossCountry Intermediate Holdco, LLC and CrossCountry Merger Corp. (effective 2026-03-27).

“On March 27, 2026, Two Harbors Investment Corp., a Maryland corporation (“Two Harbors”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among Two Harbors, CrossCountry Intermediate Holdco, LLC, a Delaware limited liability company (“CCM”), and CrossCountry Merger Corp., a Maryland corporation and a wholly owned subsidiary of CCM (“Merger Sub”).”
Material Agreements

TWO HARBORS INVESTMENT CORP. entered into Agreement and Plan of Merger with UWM Holdings Corporation, UWM Acquisitions 1, LLC valued at $1.3 billion (effective 2025-12-17).

“On December 17, 2025, Two Harbors Investment Corp., a Maryland corporation (“Two Harbors”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among Two Harbors, UWM Holdings Corporation, a Delaware corporation (“UWM”), and UWM Acquisitions 1, LLC, a Delaware limited liability company and a wholly owned subsidiary of UWM (“Merger Sub”). Pursuant to the Merger Agreement, and upon the terms and subject to the conditions therein and in accordance with the provisions of the Delaware Limited Liability Company Act and the Maryland General Corporation Law, Two Harbors will merge with and into Merger Sub (the “Merger”) with Merger Sub surviving the Merger and continuing as a wholly owned subsidiary of UWM. Subject to the terms and conditions of the Merger Agreement, at the effective time of the Merger (the “Effective Time”), each outstanding share of Two Harbors common stock, par value $0.01 per share (the “Two Harbors Common Stock”), will be converted into the right”
Debt Financings

TWO HARBORS INVESTMENT CORP. incurred senior notes of $115.0 million aggregate principal amount at 9.375% per year maturing mature on August 15, 2030.

“On May 13, 2025, Two Harbors Investment Corp., a Maryland corporation (the “Company”), completed the issuance and sale of $115.0 million aggregate principal amount of its 9.375% Senior Notes due 2030”

William Dellal changed role as Vice President and Chief Financial Officer at TWO HARBORS INVESTMENT CORP..

“On April 18, 2025, the Board of Directors of Two Harbors Investment Corp. (the “Company”) confirmed that William Dellal has been designated as the Company’s Vice President and Chief Financial Officer and will serve in such role until further notice.”

William Dellal resigned as Interim Chief Financial Officer at TWO HARBORS INVESTMENT CORP..

“Mr. Dellal will resign from his role as of the Effective Date.”

Travis Swenson was appointed as Chief Financial Officer at TWO HARBORS INVESTMENT CORP..

“On November 11, 2024 , the Board of Directors of Two Harbors Investment Corp. (the “Company”) approved the appointment of Travis Swenson as Chief Financial Officer of the Company, with an effective date of May 5, 2025”

Jillian Halm was appointed as Chief Accounting Officer at TWO HARBORS INVESTMENT CORP..

“On August 28 , 2024, the Board of Directors of the Company appointed Jillian Halm as Chief Accounting Officer of the Company, effective immediately .”

Blake Johnson resigned as Acting Chief Accounting Officer at TWO HARBORS INVESTMENT CORP..

“On August 26, 2024, Blake Johnson notified Two Harbors Investment Corp. (the “Company”) of his intention to resign from his position as Acting Chief Accounting Officer of the Company, effective no later than October 25, 2024”

Blake Johnson was appointed as Acting Chief Accounting Officer at TWO HARBORS INVESTMENT CORP..

“On August 1, 2024, the Board of Directors of the Company also appointed Blake Johnson as Acting Chief Accounting Officer of the Company, effective immediately .”

William Dellal was appointed as Vice President and Interim Chief Financial Officer at TWO HARBORS INVESTMENT CORP..

“On August 1 , 2024, the Board of Directors of the Company appointed William Dellal as Vice President and Interim Chief Financial Officer of the Company, effective immediately .”

Mary Riskey resigned as Vice President and Chief Financial Officer at TWO HARBORS INVESTMENT CORP..

“On August 1, 2024, consistent with her previously announced plan to retire, Mary Riskey resigned from her role as Vice President and Chief Financial Officer of Two Harbors Investment Corp. (the “Company”).”
Shareholder Votes

TWO HARBORS INVESTMENT CORP. shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm at the 2024-05-15 meeting.

“Proposal 3 — Ratification of Appointment of Independent Registered Public Accounting Firm Stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024. The voting results were as follows: For Against Abstain 79,868,731 942,034 412,578”
Shareholder Votes

TWO HARBORS INVESTMENT CORP. shareholders approved Advisory vote relating to executive compensation at the 2024-05-15 meeting.

“Proposal 2 — Advisory Vote Relating to Executive Compensation Stockholders approved the advisory resolution on the Company’s executive compensation. The voting results were as follows: For Against Abstain Broker Non-Votes 61,380,398 2,810,802 427,337 16,604,806”
Shareholder Votes

TWO HARBORS INVESTMENT CORP. shareholders approved Election of nine directors at the 2024-05-15 meeting.

“Proposal 1 — Election of Directors Each of the nine director nominees proposed by the Company’s board of directors was elected to serve as a director until the Company’s 2025 Annual Meeting of Stockholders, or until his or her successor is duly elected and qualified.”
Earnings Releases

TWO HARBORS INVESTMENT CORP. reported the fiscal quarter ended March 31, 2024 results: net income GAAP Net Income (Loss) $ 192,448, EPS $1.85.

“Two Harbors Investment Corp. Reports First Quarter 2024 Financial Results”

Sanjiv Das was appointed as Director at TWO HARBORS INVESTMENT CORP..

“On March 4, 2024, the Board of Directors (the “Board”) of Two Harbors Investment Corp. (the “Company”) appointed Sanjiv Das to fill a vacancy on the Board.”

Mary Riskey departed as Vice President and Chief Financial Officer at TWO HARBORS INVESTMENT CORP..

“On January 31, 2024, Mary Riskey notified Two Harbors Investment Corp. (the "Company") of her intention to retire from her position as Vice President and Chief Financial Officer of the Company, effective no later than August 1, 2024 (the "Effective Date").”
Earnings Releases

TWO HARBORS INVESTMENT CORP. reported Q4 2023 results: net income -444693, EPS -4.56.

“GAAP Net (Loss) Income $ (444,693) $ (4.56) (120.4) % $ 294,077 $ 3.04 75.0 %”
Earnings Releases

TWO HARBORS INVESTMENT CORP. reported financial results for the quarter ended September 30, 2023.

“On October 30, 2023, Two Harbors Investment Corp. issued a press release announcing its financial results for the fiscal quarter ended September 30, 2023.”
Earnings Releases

TWO HARBORS INVESTMENT CORP. reported financial results for the quarter ended June 30, 2023.

“On July 31, 2023, Two Harbors Investment Corp. issued a press release announcing its financial results for the fiscal quarter ended June 30, 2023.”
Shareholder Votes

TWO HARBORS INVESTMENT CORP. shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2023-05-17 meeting.

“Stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. The voting results were as follows: For Against Abstain 72,695,736 741,453 376,112”
Shareholder Votes

TWO HARBORS INVESTMENT CORP. shareholders approved Advisory Vote on the Frequency of Future Advisory Votes Relating to Executive Compensation at the 2023-05-17 meeting.

“Stockholders voted to have the Company hold an advisory vote on executive compensation every year. The voting results were as follows: Every Year Every Two Years Every Three Years Abstain Broker Non-Votes 58,279,901 204,283 596,034 298,783 14,416,300”
Shareholder Votes

TWO HARBORS INVESTMENT CORP. shareholders approved Advisory Vote Relating to Executive Compensation at the 2023-05-17 meeting.

“Stockholders approved the advisory resolution on the Company’s executive compensation. The voting results were as follows: For Against Abstain Broker Non-Votes 57,491,115 1,527,011 378,875 14,416,300”
Shareholder Votes

TWO HARBORS INVESTMENT CORP. shareholders approved Election of eight directors at the 2023-05-17 meeting.

“On May 17, 2023, Two Harbors Investment Corp. (the “Company”) held its Annual Meeting of Stockholders for the purpose of: (i) electing eight directors to serve on the Company’s board of directors until the 2024 Annual Meeting of Stockholders; (ii) holding an advisory vote relating to executive compensation; (iii) holding an advisory vote on the frequency of future advisory votes relating to executive compensation; and (iv) ratifying the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023.”
Earnings Releases

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..

“On May 1, 2023, Two Harbors Investment Corp. issued a press release announcing its financial results for the fiscal quarter ended March 31, 2023.”
Earnings Releases

TWO HARBORS INVESTMENT CORP. reported financial results for the quarter ended December 31, 2022.

“On February 8, 2023, Two Harbors Investment Corp. issued a press release announcing its financial results for the fiscal quarter ended December 31, 2022.”
Material Agreements

TWO HARBORS INVESTMENT CORP. terminated Amended and Restated Equity Distribution Agreement with Credit Suisse Securities (USA) LLC (effective 2022-11-10).

“Effective as of November 10, 2022, the Amended and Restated Equity Distribution Agreement by and between Two Harbors and Credit Suisse Securities (USA) LLC terminated.”
Material Agreements

TWO HARBORS INVESTMENT CORP. entered into Equity Distribution Agreement with JMP Securities LLC (effective 2022-11-10).

“On November 10, 2022, Two Harbors Investment Corp. (“Two Harbors,” “we,” “our” or “us”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with JMP Securities LLC (the “Placement Agent”).”
Earnings Releases

TWO HARBORS INVESTMENT CORP. reported the quarter ended September 30, 2022 results: net income Comprehensive Loss of $287.8 million, or $(3.35) per weighted average basic common share.

“On November 8, 2022, Two Harbors Investment Corp. issued a press release announcing its financial results for the fiscal quarter ended September 30, 2022.”
Governance Changes

TWO HARBORS INVESTMENT CORP.: Filed two Articles of Amendment effective November 1, 2022, to effect a one-for-four reverse stock split, adjust par value, and reduce authorized shares from 700 million to 175 million (effective 2022-11-01).

“On October 27, 2022, Two Harbors Investment Corp. (the “Company”), in connection with the previously announced one-for-four reverse stock split (the “Reverse Stock Split”) of its outstanding shares of common stock, par value $0.01 per share, filed two Articles of Amendment to its charter (the “First Amendment” and the “Second Amendment”) with the Maryland State Department of Assessments and Taxation.”

Nicholas Letica was appointed as Vice President and Chief Investment Officer at TWO HARBORS INVESTMENT CORP..

“On August 15 , 2022, the Board of Directors of Two Harbors Investment Corp. (the “Company”) approved the appointment of Nicholas Letica as Vice President and Chief Investment Officer of the Company, effective as of August 15 , 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.