“It is time for Better to move forward with new leadership," Better's board said.

Servbank’s holding company completed a $90.0 million debt offering.

Two Harbors counters that UWM’s attempted acquisition of Two Harbors failed because UWM’s effort failed to win approval from Two Harbors’ shareholders.

Proceeds from the debt offering will be used to repay a portion of the amounts outstanding under CCM’s mortgage servicing rights line of credit, which CCM drew on for its planned acquisition of Two Harbors.

UWM alleges that Two Harbors’ management “embarked on a stealth mission of subversion, calculated inaction and outright lies designed to kill the UWM merger.”

The companies expect the deal to close in the fourth quarter.

Planet Home Lending increased its retail loan originator count by 12% during the second quarter of 2026.

UWM's originations declined by 11.7% on a quarterly basis in the second quarter as refinance activity dropped.

Fannie Mae issued three consecutive monthly CRT deals through April, then paused issuance until this new offering.

Two Harbors Investment generated a net income of $62.2 million during the second quarter of 2026.