Tagged: CrossCountry Mortgage

Two Harbors disputes UWM’s claims and questions its $603.2 million derivatives loss, while Ishbia says the wholesale lender has never been stronger

Lender alleges Two Harbors undermined their merger and steered the company toward CrossCountry, turning a costly acquisition failure into a federal court fight

Former Movement Mortgage and CrossCountry Mortgage executive will lead member engagement and growth strategy

Merger clears a major milestone, with closing expected in August pending the final five state regulatory approvals

The shareholder meeting has now been adjourned four times since May as CrossCountry seeks additional support for its $12-per-share acquisition

With Two Harbors shareholders set to vote June 23, UWM is again urging investors to reject CrossCountry's acquisition while the REIT argues UWM has failed to submit a revised proposal

Dan Gjeldum and John Noldan join CCM's retail lending platform as executive vice presidents

MSR-focused REIT says it will continue regular dividends through closing as the proposed sale advances following UWM's decision not to submit a revised bid

Two Harbors says UWM failed to submit a revised bid during a special engagement period, while UWM accuses the board of imposing unreasonable restrictions and refusing to negotiate in good faith

Vote delayed until June 23 as KBW questions whether a largely cash-funded acquisition still makes sense for UWM