Two Harbors announced that it has amended its merger agreement with CrossCountry Mortgage during its 1Q earnings call.

Two closed-end seconds securitizations began marketing this week, each sized at about $285 million.

“Government policy is squarely in the driver seat, defining and driving outcomes,” said Smriti Popenoe, co-CEO and president of Dynex Capital.

Renters save an average of $920 per month compared to buyers.

The GSEs plan to announce a new adoption date for the Uniform Closing Dataset during the fourth quarter of 2026.

UWM called Two Harbors a "melting ice cube" in a statement shared after the REIT announced it will move forward with an acquisition bid from CrossCountry Mortgage.

As part of the agreement, CrossCountry paid $25.4 million to United Wholesale Mortgage, a termination fee to end the acquisition agreement UWM had with Two Harbors.

Home prices increased by 0.1% on a monthly, seasonally-adjusted basis, according to Redfin.

UWM has two days to improve its proposal for acquiring Two Harbors after CrossCountry Mortgage and an unnamed bidder placed rival offers.

The seasonally-adjusted annual rate of sales of new homes dropped 17.6% on a monthly basis in January.