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.
IPO Year:
Exchange: NYSE
Website: twoharborsinvestment.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
10/3/2024 | $15.75 | Buy | Compass Point |
8/16/2024 | $15.00 | Buy | Janney |
6/7/2024 | $14.50 | Neutral → Buy | UBS |
12/6/2023 | $14.50 | Neutral | UBS |
2/10/2023 | $19.00 | Hold → Buy | Maxim Group |
11/17/2022 | $18.00 → $16.00 | Outperform → Sector Perform | RBC Capital Mkts |
3/8/2022 | $6.00 → $5.25 | Neutral | Credit Suisse |
1/4/2022 | $5.50 | Neutral | Citigroup |
11/17/2021 | $7.50 → $7.00 | Outperform | RBC Capital |
8/13/2021 | $7.00 → $7.50 | Outperform | RBC Capital |
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
4 - TWO HARBORS INVESTMENT CORP. (0001465740) (Issuer)
TWO ((Two Harbors Investment Corp., NYSE:TWO), an MSR-focused REIT, today announced that the Board of Directors approved the appointment of Travis Swenson as Chief Financial Officer, with an effective date of May 5, 2025 (the "Effective Date"). Prior to the Effective Date, Mr. Swenson will serve as Deputy Chief Financial Officer and will report to William Dellal, the Company's Interim Chief Financial Officer. Mr. Dellal will resign from his role as of the Effective Date. Prior to joining TWO, Mr. Swenson most recently served as the Chief Financial Officer of Colliers Mortgage Holdings LLC from 2020 to November 2024. Prior to that, Mr. Swenson was the Global Head of Client Accounting Servi
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS REIT, today announced the appointment of James Campbell as Head of Servicing at RoundPoint Mortgage Servicing LLC ("RoundPoint"). The company also announced the appointment of Chris Hurley as Chief Technology Officer. Mr. Campbell was most recently the Head of Servicing at Flagstar Bank, where he was responsible for its servicing platform, including collections, loan administration and default. He handled relationship management with subservicing clients and cultivated an innovative environment to drive creative customer solutions in default servicing. Prior to that, he was Head of Servicing and Post-Closing at Caliber Home Loan
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust, today announced the appointment of Sanjiv Das to the company's Board of Directors, effective immediately. Mr. Das has extensive experience in the mortgage industry and currently serves as President of Pagaya Technologies Ltd. (NASDAQ:PGY), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem. "I am very pleased to announce the appointment of Sanjiv to our Board of Directors," stated Stephen G. Kasnet, Chairman of the Board of Directors for Two Harbors. "Sanjiv's depth of experience in mortgage finance, consumer understanding and thought leadershi
Two Harbors Investment Corp. (NYSE:TWO), an MSR + Agency RMBS real estate investment trust, today announced that Mary Riskey intends to retire from her position as Vice President and Chief Financial Officer of the company. Two Harbors has initiated an external search for a new Chief Financial Officer, and Ms. Riskey plans to continue to serve in her role through August 1, 2024, or until a successor is appointed by the company. "I would like to thank Mary for her many years of unwavering commitment, dedicated service, and outstanding contributions to Two Harbors," stated Bill Greenberg, Two Harbors' President and Chief Executive Officer. "She has been instrumental in our evolution over the
Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that the Company's Board of Directors has appointed Hope B. Woodhouse to the Board, effective immediately. Ms. Woodhouse will serve on the Compensation Committee and the Audit Committee. Monro also announced that Frederick Michael ("Mike") Danziger has retired from the Board, effective February 3, 2023. "We appreciate the constructive dialogue with shareholders and are implementing changes to strengthen Monro and improve our corporate governance," said Robert E. Mellor, Chair of the Board and Chair of the Nominating and Corporate Responsibility Committee. "Refreshment remains a pr
Wendy Luscombe to Retire from Board as Part of Ongoing Board Refreshment Acadia Realty Trust (NYSE:AKR) ("Acadia" or the "Company") today announced the appointment of Hope B. Woodhouse to the Company's Board of Trustees (the "Board") and to the Nominating and Corporate Governance Committee of the Board, effective January 10, 2023. Ms. Woodhouse is a seasoned financial executive with substantial experience in the financial services sector having spent over 25 years in executive management roles at top-ranked, global alternative asset management firms and broker dealers. From 2005 to 2009, she served as Chief Operating Officer and as a member of the management committee of Bridgewater Assoc
Two Harbors Investment Corp. (NYSE:TWO), an Agency + MSR mortgage real estate investment trust, today announced the appointment of Nicholas (Nick) Letica as Chief Investment Officer to lead the company's Investment and Hedging Strategy. He will report directly to William Greenberg, President and Chief Executive Officer, who previously also held the role of Chief Investment Officer. "I am very pleased to announce the addition of Nick Letica as our new Chief Investment Officer," stated Mr. Greenberg. "With more than three decades of experience as a business and thought leader in the Agency mortgage space, I expect Nick will contribute greatly to our goal of providing attractive risk-adjusted
Two Harbors Investment Corp. (NYSE:TWO), an Agency + MSR mortgage real estate investment trust, today announced that William Greenberg, the company's President and Chief Executive Officer, has been appointed to also serve as the company's Chief Investment Officer. The company entered into a mutually agreeable Separation and Release Agreement with Matthew Koeppen, pursuant to which Mr. Koeppen will cease to serve as the company's Chief Investment Officer, with immediate effect. William Greenberg has served as President and Chief Executive Officer of Two Harbors since June 2020 and as a Director since September 2020. Mr. Greenberg previously served as Co-Chief Investment Officer from January