Business
CrossCountry Mortgage Reaffirms $12.00 Per Share Best and Final Offer for Two Harbors
CrossCountry Mortgage, LLC ("CrossCountry" or "CCM") today reaffirmed its commitment to complete its acquisition of Two Harbors Investment Corp. ("Two Harbors" or "TWO") pursuant to the parties' signed merger agreement.
About this update from Two Harbors Investment Corp
[{"type":"text","content":"CLEVELAND, May 28, 2026 /PRNewswire/ -- CrossCountry Mortgage, LLC ("CrossCountry" or "CCM") today reaffirmed its commitment to complete its acquisition of Two Harbors Investment Corp. ("Two Harbors" or "TWO") pursuant to the parties' signed merger agreement.","length":303,"tagName":"p"},{"type":"image","alt":"CrossCountry Mortgage (CCM) earns the number one spot on both Scotsman Guide’s Top Retail Mortgage Lenders list and Mortgage Executive Magazine’s Top 50 Mortgage Companies in America list. (PRNewsfoto/CrossCountry Mortgage)","displaySize":"","headline":null,"caption":"CrossCountry Mortgage (CCM) earns the number one spot on both Scotsman Guide’s Top Retail Mortgage Lenders list and Mortgage Executive Magazine’s Top 50 Mortgage Companies in America list. (PRNewsfoto/CrossCountry Mortgage)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":62,"url":"https://media.zenfs.com/en/prnewswire.com/9d8fa8074f4e70352339af8893c8c157"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/P0sUFMJm5sXaGrHPFGveCg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEwOQ--/https://media.zenfs.com/en/prnewswire.com/9d8fa8074f4e70352339af8893c8c157","width":400,"height":62},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/i.dJJq0Lp0VtUdwlQoKgAg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTk5/https://media.zenfs.com/en/prnewswire.com/9d8fa8074f4e70352339af8893c8c157","width":400,"height":62}},"href":"https://mma.prnewswire.com/media/2091132/CCM_2022_Logo_HRZ_BLK___RGB_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"CCM's $12.00 per share offer, together with the pro-rated stub dividend, is CCM's best and final offer to TWO stockholders. This represents the highest premium paid for a mortgage-REIT. CCM will not pursue a deal at all costs; there are other strategic alternatives available.","length":284,"tagName":"p"},{"type":"text","content":"About CCM","length":9,"tagName":"p"},{"type":"text","content":"CrossCountry Mortgage is the nation's number one distributed retail mortgage lender with more than 9,000 employees operating over 1,000 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has re...