Company

Two Harbors Investment Corp.

Headquarters: Minnetonka, MN, United States

Employees: 105

CEO: Mr. William Ross Greenberg

NYSE: TWO -1.55%

Market Cap

$1.30 Billion

USD as of July 1, 2024

Market Cap History

Two Harbors Investment Corp. market capitalization over time

Evolution of Two Harbors Investment Corp. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Two Harbors Investment Corp.

Detailed Description

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. Its target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgage (ARMs); and other assets, such as financial and mortgage-related assets, including non-agency securities and non-hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota.