CrossCountry raises bid for Two Harbors after rival offer from UWM
Two Harbors announced Tuesday that it amended its merger agreement to increase the all-cash price CrossCountry will pay to $11.30 per share.
Two Harbors Investment Corp.
Auto Added by WPeMatico
UWM tried for its first acquisition, then its stock fell and the math stopped working
Analysts pointed to a sharp decline in UWM’s stock price as a key factor, while the company said this has nothing to do with its fundamentals.
UWM raises revenue guidance ahead of Two Harbors vote
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.
Mortgage servicing execs expect ‘profound’ changes under Trump
These key changes come could in the form of interest rates, conforming loan limits and reform of the government-sponsored enterprises.