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Two Harbors terminates UWM Holdings merger, agrees to deal with CrossCountry Mortgage

( March 27, 2026, 23:59 GMT | Official Statement) -- MLex Summary: Two Harbors Investment Corp. has terminated its previously proposed merger with UWM Holdings Corp. and agreed to a merger with CrossCountry Mortgage, LLC, the company announced. CrossCountry, on behalf of Two Harbors, agreed to pay the $25.4 million termination fee associated with the $1.3 billion former deal. CrossCountry is acquiring all outstanding shares of Two Harbors at $10.80 per share.Full release follows:...

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