Two Harbors transferring its commercial business to a new REIT

Nearly two years ago, Two harbors investment corp., a mortgage real estate investment trust, shuttered its mortgage securitization business, wherein the REIT bought jumbo mortgages and securitized.

This means that Two Harbors must earn a 2.5% return on its assets to deliver a 10% return on equity based on 4:1 leverage. And since the bank is a REIT, it is required by law to pay at least 90%.

NEW YORK–(BUSINESS WIRE)–Two Harbors Investment. estate investment trust (REIT) that invests in residential mortgage-backed securities (RMBS), mortgage servicing rights (MSR) and other financial.

Two Harbors transferring its commercial business to a new REIT Two Harbors: I Can’t Believe This. Jun. 20, 2017 3:33 AM ET. After making some waves with its commercial spinoff plan the name is out with some surprising news..

Wells Fargo generated $393 million in the second quarter from the business. The bank doesn’t have “a lot of pressure” on its capital levels. according to a statement. Two Harbors, a Minnesota,

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Two Harbors: Do Not Avoid This REIT. Jun. This article is now exclusive for PRO subscribers. Two harbors investment corp. (nyse:TWO) is a hybrid real estate investment trust (REIT) that invests in residential mortgage-backed securities, residential mortgage loans, residential real properties and other financial assets.

No fractional shares of Two Harbors common stock will be issued in connection with the merger. Instead, CYS common stockholders will receive cash in lieu of any fractional shares. Shares of CYS common stock will continue to trade on the New York Stock Exchange ("NYSE") throughout the day on July 31, 2018.

See the upcoming ex dividend date and dividend history for Two Harbors Investments Corp (TWO). Stay alerted to dividend announcements for TWO and all the companies you follow at

Other mortgage investment companies like PennyMac Mortgage Investment Trust (NYSE:PMT), which just released dismal fourth-quarter earnings, New Residential Investment Corp. (NYSE:NRZ), and hybrid.

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LONDON, UK / ACCESSWIRE / May 26, 2017 / Active Wall St. blog coverage looks at the headline from New York based Two Harbors Investment Corp. (NYSE: TWO) as the Company announced on May 24, 2017, that it intends to transfer its Commercial Real Estate Assets to Granite Point Mortgage Trust Inc.

Commercial real-estate lender Ladder. so the borrowing is “fully secured,” Dan Clute, its chief business officer, said in a March telephone interview. The Two Harbors subsidiary, its first.