Latest escalation in ongoing bid battle as lender touts $3.4B financing and “certain” all-cash path
Tagged: CrossCountry Mortgage
Ongoing dispute intensifies as company pushes back on board’s CrossCountry stance
Board cites “certain value,” challenges stock structure, timeline, and execution risk in escalating MSR battle
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
Retail lender expands construction financing as purchase-driven mortgage market evolves