After months of delay and drama, shareholders of mortgage servicer Two Harbors Investment Corp. voted to approve a merger deal with CrossCountry Mortgage Thursday. The preliminary vote was a blow to Mat Ishbia’s UWM Holdings Corp., which was also courting Two Harbors as an antidote to its severe stock slide.
After months of delay and drama, shareholders of mortgage servicer Two Harbors Investment Corp. voted to approve a merger deal with CrossCountry Mortgage Thursday. The preliminary vote was a blow to Mat Ishbia’s UWM Holdings Corp., which was also courting Two Harbors as an antidote to its severe stock slide.
<iframe src="https://statesidedaily.com/embed/cluster/8c7feae0c51716f1fea2e4b73b5eaace7a5b2e03" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Ishbia’s Mortgage Takeover Attempt Fails, Ending Monthslong Feud"></iframe>
