The Special Situation Report

The Special Situation Report

UWM Expands Mortgage Servicing Portfolio With Two Harbors – Merger Arbitrage Mondays

Asif's avatar
Asif
Dec 22, 2025
∙ Paid

Two Harbors Investment Corp. (TWO): $11.41

Market Cap: $1.19B

Deal Size: $10.69B

Wholesale lender UWM Holdings Corporation (UWMC) entered a merger agreement on December 17, 2025, to acquire mortgage REIT Two Harbors Investment Corp. in a deal valued at $10.69 billion.

Two Harbors stockholders will receive a fixed exchange ratio of 2.3328 shares of UWM Holdi…

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