Two Harbors Investment (TWO) Misses Q1 EPS by 2c

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Two Harbors Investment Corp. Reports First Quarter 2022 Financial Results

May 4, 2022 4:30 PM EDT

Hedge Benefits of MSR Offset Historic Spread Widening in RMBS During Volatile Quarter

NEW YORK--(BUSINESS WIRE)-- Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust (REIT), today announced its financial results for the quarter ended March 31, 2022.

Quarterly Summary

Reported book value of $5.53 per common share, representing a (2.9)% quarterly return on book value(1) Generated Comprehensive Loss of $60.3 million, representing an annualized return on average common equity of (12.2)% Reported Earnings Available for Distribution (EAD) of... More