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Two Harbors Investment Corp. Announces Closing Of Acquisition Of Roundpoint Mortgage Servicing Llc

PUBLIC · TWODOct 02, 2023

Acquiring Company

Two Harbors Investment Corp

Acquired Company

RoundPoint Mortgage Servicing

St. Louis ParkFinancial ServicesReal EstateFinanceReal Estate InvestmentLending

Description

Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR real estate investment trust, today announced that Matrix Financial Services Corporation (“Matrix”), a wholly owned subsidiary of Two Harbors Investment Corp., completed its acquisition of RoundPoint Mortgage Servicing LLC (“RoundPoint”). RoundPoint became a wholly owned subsidiary of Matrix upon the closing of the transaction and has retained its servicing licenses and capabilities.

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Company Information

Company

Two Harbors Investment Corp

Location

1601 Utica Avenue South

St. Louis Park, Minnesota, United States

About

At Two Harbors Investment Corp. (NYSE: TWO), we leverage our core competencies of understanding and managing interest rate and prepayment risk to invest our Agency RMBS and MSR portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders over the long-term.

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Frequently asked

Who acquired RoundPoint Mortgage Servicing?

RoundPoint Mortgage Servicing was acquired by Two Harbors Investment Corp, based in St. Louis Park. The deal was reported on October 2, 2023. At Two Harbors Investment Corp. Two Harbors Investment Corp is publicly traded (TWOD) and operates in Financial Services.

When did Two Harbors Investment Corp acquire RoundPoint Mortgage Servicing?

Two Harbors Investment Corp's acquisition of RoundPoint Mortgage Servicing was reported on October 2, 2023. Two Harbors Investment Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does RoundPoint Mortgage Servicing do?

RoundPoint Mortgage Servicing Corporation - Feel at Home with Your Mortgage. Work with a Retail Loan Officer In-Person or Online to Purchase or Refinance. It is privately held.

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