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

UWM has acquired Two Harbors Investment, a mortgage business in New York, for $176 billion. Two Harbors Investment is a mortgage-focused investment company, and the UWM acquisitions strategy targets expanded mortgage exposure and liquidity in financial services M&A. The UWM acquisitions and mortgage acquisition also support financial services deals NY by addressing investor concerns tied to a tightly held share base. The merger acquisition is rumored and involves a strategic acquisition by UWM, with the controlling shareholder ending structured stock sales under a Rule 10b5-1 plan to increase public float ahead of the Two Harbors Investment acquisition.