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CrossCountry Mortgage acquires Two Harbors Investment Corp.

RECENTLY ACQUIREDAug 25, 2026about 3 hours ago

Acquiring Company

CrossCountry Mortgage

Acquired Company

Two Harbors Investment Corp

Los AngelesSaint Louis ParkFinancial ServicesReal EstateFinanceReal Estate InvestmentLending

Description

CrossCountry Mortgage (CCM) has successfully completed its acquisition of Two Harbors Investment Corp. and its subsidiary, RoundPoint Mortgage Servicing LLC. This acquisition significantly expands CCM's mortgage servicing portfolio and allows greater control over customer relationships throughout the loan lifecycle. The move aims to enhance customer retention and create a stronger business platform.

Company Information

Company

CrossCountry Mortgage

Location

Los Angeles, California, United States

About

CrossCountry Mortgage, LLC is a top 5 independent retail mortgage lender in America, founded in 2003 by CEO Ronald J. Leonhardt, Jr. The company has more than 7,000 employees and licensed in all 50 states. A direct lender and approved seller and servicer by Freddie Mac, Fannie Mae and Ginnie Mae, CCM offers a broad portfolio of home purchase and refinance programs ranging from conventional and jumbo mortgages to government-insured programs for Veterans and rural homebuyers. Additional options include down payment assistance, home equity products, and expedited closing programs. CrossCountry Mortgage is on the Inc. 5000 List of America’s Fastest-Growing Private Companies and a recipient of several other local and national awards for sales and growth. For more information, please visit crosscountrymortgage.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Two Harbors Investment Corp?

Two Harbors Investment Corp was acquired by CrossCountry Mortgage, based in Los Angeles. The deal was reported on August 25, 2026. CrossCountry Mortgage, LLC is a top 5 independent retail mortgage lender in America, founded in 2003 by CEO Ronald J. Leonhardt, Jr. The company has more than 7,000 employees and licensed in all 50 states. CrossCountry Mortgage is privately held.

When did CrossCountry Mortgage acquire Two Harbors Investment Corp?

CrossCountry Mortgage's acquisition of Two Harbors Investment Corp was reported on August 25, 2026. CrossCountry Mortgage (CCM) has successfully completed its acquisition of Two Harbors Investment Corp. and its subsidiary, RoundPoint Mortgage Servicing LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Two Harbors Investment Corp do?

At Two Harbors Investment Corp. It is publicly traded (TWO), operating in Financial Services, and is based in Saint Louis Park.

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