Two Harbors Investment Acquired by CrossCountry Mortgage | Financial Services M&A Deal

CrossCountry Mortgage has agreed to acquire Two Harbors Investment, a payments processing business in the financial services sector, for $12.00 per share in an all-cash merger acquisition. Two Harbors Investment supports mortgage-related servicing and related payments processing capabilities that CrossCountry Mortgage seeks to expand within the mortgage REIT and servicing portfolio market. CrossCountry Mortgage acquisitions are positioned to strengthen scale in mortgage servicing and payments processing in the U.S., where Two Harbors Investment operates. The strategic acquisition is announced as a merger acquisition with a fully committed $3.4 billion financing package and no financing contingency, with Two Harbors Investment acquisition terms unanimously recommended by its board for a May 19, 2026 special meeting.