Two Harbors Investment (TWO) Tops Q3 EPS by 4c
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Two Harbors Investment Corp. Reports Third Quarter 2020 Financial Results
November 4, 2020 4:15 PM ESTStrong Performance From Agency Plus MSR Strategy
NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp. (NYSE: TWO), a mortgage real estate investment trust (REIT) that pairs investments in Agency mortgage servicing rights (MSR) with Agency residential mortgage-backed securities (RMBS), today announced its financial results for the quarter ended September 30, 2020.
Quarterly Summary
Reported book value of $7.37 per common share, representing a 12.1% quarterly return on book value; excluding the $0.51 reversal of the previously accrued management agreement termination fee, quarterly return on book value would have been... More