UWM Walked Away From the Two Harbors Bidding War. That Might Be the Best News for Shareholders.

United Wholesale Mortgage (UWM) lost a bidding war to acquire Two Harbors Investment Corp to privately-held CrossCountry Mortgage. While UWM's final offer of $12.50 per share was higher than CrossCountry's winning $12 per share bid, analysts view UWM's decision to walk away as prudent. Given UWM's unsustainably high 20% dividend yield and earnings that don't cover dividend payments, avoiding the costs and complexity of a contentious merger protects shareholder value.

07/09/2026, 10:15 PM • The Motley Fool

UWM Escalates Fight For Two Harbors With Sweeter Bid

UWM Holdings raised its acquisition offer for Two Harbors Investment to $12.50 per share, surpassing CrossCountry Mortgage's $12.00 offer. UWMC's revised proposal includes either $12.50 in cash or 2.3328 shares of UWMC stock with no cap on cash elections. The company criticized Two Harbors' board for refusing to engage and alleged management payouts influenced support for the CrossCountry deal. Two Harbors' board has reaffirmed its support for the CrossCountry merger, with a shareholder vote scheduled for May 19, 2026.

05/11/2026, 12:13 PM • Benzinga

Deal Drama Ends As Two Harbors Picks CrossCountry Over UWM

Two Harbors Investment Corp. has agreed to merge with CrossCountry Mortgage in an all-cash deal valued at $10.80 per share. The transaction terminates Two Harbors' previous merger agreement with UWM Holdings, requiring a $25.4 million termination fee. The merger aims to create an integrated mortgage company combining Two Harbors' mortgage servicing rights with CrossCountry's retail origination platform, expected to close in the second half of 2026.

03/27/2026, 10:27 AM • Benzinga

$HAREHOLDER ALERT: The M&A Class Action Firm Continues to Investigate the Merger--TWO, HTBK, CTGO, and CAPN

Monteverde & Associates PC, a class action securities firm, is investigating four merger transactions: Two Harbors Investment Corp.'s sale to UWM Holdings, Heritage Commerce Corp.'s sale to CVB Financial Corp., Contango Ore's merger with Dolly Varden Silver Corporation, and Cayson Acquisition Corp.'s merger with Mango Financial Group. Shareholder votes are scheduled between March 16-26, 2026. The firm invites shareholders to contact them for free consultation regarding potential concerns with these deals.

02/13/2026, 1:32 PM • Benzinga

Halper Sadeh LLC Encourages TWO, RNA, CVBF, TBN Shareholders to Contact the Firm to Discuss Their Rights

Investor rights law firm Halper Sadeh LLC is investigating four companies for potential securities law violations and breaches of fiduciary duties related to their proposed mergers and acquisitions. The firm is seeking increased consideration for shareholders and additional disclosures regarding the transactions.

01/31/2026, 12:58 PM • GlobeNewswire

$HAREHOLDER ALERT: The M&A Class Action Firm Continues to Investigate the Merger--TBHC, RNA, NEW, and TWO

Monteverde & Associates PC, a class action securities firm, is investigating four proposed mergers: The Brand House Collective's sale to Bed Bath & Beyond, Avidity Biosciences' acquisition by Novartis for $72 per share, NorthWestern Energy Group's sale to Black Hills Corp, and Two Harbors Investment Corp's merger with UWM Holdings Corporation. The firm is seeking shareholders with concerns about these transactions ahead of upcoming shareholder votes.

01/30/2026, 10:46 PM • Benzinga

UWMC CEO Goes On Selling Spree Of Millions of Insider Shares

Mat Ishbia, CEO of UWM Holdings Corporation (UWMC), has been aggressively selling millions of shares since December 2025, disposing of approximately 5.43 million shares at depressed prices. The stock has declined 25% in 2025 and is trading near 52-week lows, raising concerns about the company's outlook despite an upcoming acquisition of Two Harbors Investment Corp. expected to close in Q2 2026.

01/12/2026, 3:18 PM • The Motley Fool

Halper Sadeh LLC Encourages TWO, ISPO, UDMY Shareholders to Contact the Firm to Discuss Their Rights

Investor rights law firm Halper Sadeh LLC is investigating three major corporate acquisitions for potential violations of federal securities laws and breaches of fiduciary duties. The investigations involve Two Harbors Investment Corp.'s sale to UWM Holdings, Inspirato Incorporated's sale to Exclusive Investments LLC, and Udemy Inc.'s sale to Coursera Inc. The firm is seeking increased consideration for shareholders and additional disclosures regarding these transactions.

12/20/2025, 11:29 AM • GlobeNewswire

Why UWM Holdings Stock Was Getting Mashed This Week

UWM Holdings announced its first major acquisition, agreeing to purchase mortgage REIT Two Harbors Investment for $1.3 billion in an all-stock deal. The acquisition would nearly double UWM's mortgage servicing rights portfolio to around $400 billion through Two Harbors' RoundPoint Mortgage Servicing subsidiary. However, investors reacted negatively, trading UWM stock down nearly 9% week-to-date, concerned about the substantial deal size relative to UWM's market cap of under $8 billion and annual revenue under $2.5 billion.

12/19/2025, 11:55 AM • The Motley Fool