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Stock impact report

Two Harbors (TWO) Q3 2025 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Two Harbors Investment Corp (TWO) 
Last two harbors investment corp earnings: 2/5 04:17 pm Check Earnings Report
US:NYSE Investor Relations: investor.twoharborsinvestment.com
President and Chief Executive Officer — William Greenberg Chief Investment Officer — Nicholas Letica Chief Financial Officer — William Dellal TAKEAWAYS Litigation Settlement -- $375 million paid to resolve all claims with the former external manager, funded by portfolio sales, available cash, and borrowings. Quarter-End Cash Position -- $770.5 million in balance sheet cash after the settlement payment and MSR portfolio sale. MSR Portfolio Sale -- $19.1 billion unpaid principal balance (UPB) sold during the quarter and an additional $10 billion UPB set to settle by month-end, both marginally above marks, on a servicing-retained basis with a new subservicing client. Third-Party Subservicing Growth -- Approximately $40 billion of third-party client UPB now subserviced through RoundPoint, following the new relationship. Convertible Notes Redemption -- Plans to redeem $262 million UPB of convertible notes at January 2026 maturity, using cash on hand and MSR facility drawdo Show less Read more
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