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.