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Open letter escalates weeks-long deal battle, challenges board actions, and raises stakes for MSR-driven M&A
Revised all-cash offer tops prior $10.80 agreement, reinforces servicing strategy as UWM competition lingers
Complaint points to earlier higher bids and disclosure gaps in CrossCountry deal
CrossCountry, on behalf of Two Harbors, will pay UWM a $25.4 million termination fee
CrossCountry’s bid was deemed 'superior' before another bidder surfaced with a higher cash alternative
Deal brings together two high-producing retail lenders as competition for talent, scale intensifies
