Two Harbors Investments Q1 Earnings Call Highlights

Two Harbors Investments (NYSE: TWO) reported a Q1 economic return of negative 2.0% due to mortgage market shifts and heightened volatility. The company’s board unanimously approved an amended all-cash merger with CrossCountry Mortgage at $11.30 per share, with a shareholder vote scheduled for May 19, 2026. Despite a comprehensive loss of $24.7 million for the quarter, management noted that wider mortgage spreads improved the portfolio’s return potential.

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