The shareholder meeting has now been adjourned four times since May as CrossCountry seeks additional support for its $12-per-share acquisition
Tagged: United Wholesale Mortgage (UWM)
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
New offering provides up to 100% financing with no mortgage insurance for eligible healthcare professionals
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
The complaint alleges former employees secretly funneled borrower information and loan opportunities to EMC and UWM
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
Court says lender failed to comply with prior discovery order, imposes attorney-fee sanctions
Vote delayed until June 23 as KBW questions whether a largely cash-funded acquisition still makes sense for UWM
Mortgage lender reaffirms $12.50-per-share bid and says additional value could be unlocked through negotiations with Two Harbors
Adoption milestone highlights industry's transition toward multiple approved credit-scoring models