Welcome to our dedicated page for Two Hbrs Invt SEC filings (Ticker: TWO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Two Harbors Investment Corp. (NYSE: TWO) SEC filings page brings together the company’s regulatory disclosures, giving investors access to its real estate investment trust reporting record. As a Maryland corporation and MSR-focused REIT, Two Harbors files annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K with the U.S. Securities and Exchange Commission under Commission File Number 001-34506.
In these filings, Two Harbors provides detailed information on its mortgage servicing rights and residential mortgage-backed securities portfolio, including unpaid principal balances, coupon characteristics, delinquency metrics, prepayment speeds and hedging positions. The company also discloses financing arrangements such as repurchase agreements, revolving credit facilities, warehouse lines of credit, senior notes and convertible senior notes, along with related borrowing rates and maturities. Investors can review these documents to understand how the REIT structures its leverage, manages interest rate risk and reports earnings available for distribution and economic return on book value.
Current reports on Form 8-K highlight material events, including the settlement of litigation with its former external manager, updates to at-the-market equity offering programs, and the Agreement and Plan of Merger with UWM Holdings Corporation. Separate 8-K items describe the merger terms, exchange ratios for common and preferred stock, and the conditions required for the all-stock acquisition to close. Other 8-K filings furnish earnings press releases and earnings call presentations for specific quarters.
On this page, AI-powered tools can help summarize lengthy filings such as 10-Ks, 10-Qs and 8-Ks, explain key terms in plain language and highlight items that may matter most to investors, such as changes in portfolio composition, financing metrics, dividend-related disclosures and merger-related conditions. Users can also review insider ownership changes and other information referenced in proxy statements and Form 4 filings by consulting the underlying SEC documents linked from this feed.
Nicholas Letica, Chief Investment Officer of Two Harbors Investment Corp. (TWO), reported a sale of 8,654 shares of common stock on 08/18/2025 at $10.02 per share. The sale reduced his beneficial ownership to 160,281 shares. The filing states the shares were sold to satisfy income tax liabilities resulting from the vesting of previously granted restricted stock units, and the transaction was effected under trading instructions entered on August 18, 2022 pursuant to a Rule 10b5-1 plan. The Form 4 is signed and filed by the reporting person.
Two Harbors Investment Corp. (TWO) filed a Form 144 notifying intent to sell 8,654 shares of its common stock, with an aggregate market value of $88,616.96, via Raymond James on the NYSE approximately on 08/18/2025. The shares were acquired on 08/15/2025 through the vesting of a Restricted Stock Unit award from Two Harbors and payment was recorded on the vesting date. The filer reports no sales of issuer securities in the past three months and attests to lack of undisclosed material adverse information.
Two Harbors Investment Corp. (NYSE: TWO) posted a sharp swing to loss in Q2 2025. Net loss attributable to common stockholders was $272.3 million (-$2.62 per share) versus a profit of $44.6 million ($0.43) a year ago, driven by $151 million of derivative losses, $63 million servicing-asset markdowns and a $199.9 million litigation contingency. Six-month loss reached $364.5 million.
Balance-sheet size expanded 6 % since year-end to $12.96 billion, but common equity fell 11 % to $1.28 billion, pushing the equity ratio down to 14.6 %. Book value erosion was partly buffered by $207.6 million of unrealized gains on Agency RMBS that narrowed AOCI to –$112.9 million.
Liquidity remained solid: cash and restricted cash totalled $798 million; operating cash flow was + $211 million. Repurchase funding rose to $8.78 billion (+13 %) while the company issued $110.9 million of 9.375 % senior notes due 2030. Leverage (repo, credit, warehouse) now covers 77 % of total assets.
Core franchise metrics were mixed. Mortgage servicing rights (MSR) increased to $3.02 billion, but servicing income slipped 12 % YoY to $158 million as prepayment-related runoff accelerated. Net interest expense improved to -$19.6 million from -$38.3 million, yet remained negative due to higher repo costs.
The board continued dividends—$41 million on common and $13 million on preferred—despite losses. Shares outstanding were 104.1 million on 24 July 2025.
Key takeaway: steep derivative and contingency charges erased earnings and cut book value; investors will focus on litigation resolution, hedging discipline and leverage management in coming quarters.