Two Harbors Investment Corp.
52W $21.62 – $24.98
Two Harbors Investment Corp.
Two Harbors Investment Corp. (TWO) reported a significant net loss of -$454.3 million for FY 2025, driven primarily by a $375.0 million litigation settlement expense, alongside losses on investment securities (-$96.2M), servicing assets (-$242.2M), and derivative instruments (-$91.5M). Net interest expense stood at -$78.9M, with interest income of $412.0M offset by higher interest expense of $490.9M. Net servicing income provided...
Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota.