CrossCountry Intermediate Holdco (CCM) is expected to issue $500 million of senior unsecured notes, coinciding with the projected August closing of its Two Harbors Investment Corp. acquisition.
UWM Holdings Corp. is facing a securities fraud investigation and fresh cuts on Wall Street after reporting a loss for the second quarter and a $2.05 billion capital raise.
With CrossCountry Mortgage’s deal to acquire Two Harbors Investment Corp. one step closer to the finish line after securing shareholder approval, the focus is shifting to what may be the next major challenge: integrating the businesses.
Executives at United Wholesale Mortgage and Two Harbors Investment Corp. raised the heat in an email exchange during their latest round of deal negotiations.
UWM Holdings Corp. is challenging Two Harbors Investment Corp.’s board after it rejected a $12 per share acquisition proposal in favor of an $11.30 per share deal with CrossCountry Mortgage LLC.
The parent of United Wholesale Mortgage raised the bar on 2026 revenue expectations just days ahead of a shareholder vote from Two Harbors Investment Corp. on a proposed $1.3 billion merger.