Two Harbors Investment Corp.
A residential mortgage real estate investment trust, Two Harbors invests in mortgage servicing rights and government-backed mortgage securities, and through its RoundPoint Mortgage Servicing arm it handles the day-to-day servicing of home loans. The company was born in 2009, in the wreckage of the 2008 financial crisis, when it merged with a blank-check company called Capitol Acquisition and launched with backing from hedge fund Pine River Capital Management. Its name echoes the small Minnesota town of Two Harbors, though the firm has never confirmed the link.
Common Stock