{"success":true,"data":{"pressRelease":{"id":"127084","rtpr_id":"nPn9S3rN6a","ticker":"TWO","exchange":"NYSE","all_tickers":["TWO"],"title":"CrossCountry Mortgage Completes Acquisition of Two Harbors Investment Corp.","author":"PR Newswire","published_at":"2026-08-25T12:35:00.577Z","article_body":"CrossCountry Mortgage Completes Acquisition of Two Harbors Investment Corp.\n\nPR Newswire\n\nCLEVELAND, Aug. 25, 2026\n\nTransformational transaction creates a vertically integrated mortgage company,\ncombining the nation's largest retail lender with the sixth-largest non-bank\nservicing portfolio and an established in-house servicing platform\n\nCLEVELAND, Aug. 25, 2026 /PRNewswire/ -- CrossCountry Mortgage (CCM), the\nnation's number one retail mortgage lender, today announced the successful\ncompletion of its acquisition of Two Harbors Investment Corp. and its wholly\nowned subsidiary, RoundPoint Mortgage Servicing LLC. The transaction marks a\nsignificant milestone in CCM's evolution, substantially expanding its\nservicing scale and bringing servicing operations in-house.\n\n\"This transaction represents the next transformational step in the evolution\nof CrossCountry Mortgage,\" said Ron Leonhardt, Founder and CEO of CrossCountry\nMortgage. \"For more than 20 years, we've built CCM by investing in our people,\ntechnology and operations while staying focused on delivering for our\ncustomers. By combining the nation's leading retail mortgage franchise with a\nscaled servicing portfolio and RoundPoint's proven servicing capabilities,\nwe're creating what we believe is a one-of-one mortgage company. We now have\nthe ability to serve customers throughout the life of their loan — from\norigination and servicing through their next financing need. That creates a\nbetter experience for our customers, greater opportunities for retention and\nrecapture, and a stronger, more durable business for the long term.\"\n\nThe acquisition significantly expands CCM's mortgage servicing portfolio while\nproviding greater control over the customer relationship throughout the life\nof the loan. The addition of the Two Harbors portfolio also meaningfully\nexpands CCM's customer base, creating additional opportunities to leverage its\nnational retail origination franchise and consumer-direct capabilities to\ndeepen relationships with existing borrowers. Bringing servicing operations\nin-house through RoundPoint's experienced team and established operating\nplatform further integrates CCM's origination and servicing capabilities,\nenhancing customer retention and recapture opportunities across the combined\nplatform.\n\nAbout CrossCountry Mortgage\nCrossCountry Mortgage (CCM) is the nation's largest distributed retail\nmortgage lender and sixth-largest non-bank servicer, with more than 9,000\nemployees operating over 1,100 branches and servicing loans across all 50\nstates, D.C. and Puerto Rico. Our company has been recognized ten times on the\nInc. 5000 list of America's fastest-growing private businesses and has\nreceived numerous awards for its standout culture. We offer more than 120\nmortgage, refinance and home equity solutions — ranging from conventional\nand jumbo mortgages to government-insured programs from the FHA and programs\nfor Veterans and rural homebuyers — and we are a direct lender and approved\nseller and servicer for Freddie Mac, Fannie Mae and Ginnie Mae. NMLS #3029.\nThrough our dedication to getting it done, we make every mortgage feel like a\nwin.\n\nContact: Natalie Lonjak\nSr. Director, Corporate Communications & Community Engagement\nNatalie.Lonjak@ccm.com (mailto:Natalie.Lonjak@ccm.com)\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/crosscountry-mortgage-completes-acquisition-of-two-harbors-investment-corp-302859368.html\n(https://www.prnewswire.com/news-releases/crosscountry-mortgage-completes-acquisition-of-two-harbors-investment-corp-302859368.html)\n\nSOURCE CrossCountry Mortgage\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1975008/TwoxRP-Image.jpg?id=OA2908990\nhttps://mmx.prnewswire.com/media/MS1445186/CCM-2022-Logo-HRZ-BLK-RGB-Logo.jpg?id=OA2908984\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn9S3rN6a","title":"CrossCountry Mortgage Completes Acquisition of Two Harbors Investment Corp.","author":"PR Newswire","ticker":"TWO","created":"2026-08-25T12:35:00.577Z","tickers":["TWO"],"exchange":"NYSE","article_body":"CrossCountry Mortgage Completes Acquisition of Two Harbors Investment Corp.\n\nPR Newswire\n\nCLEVELAND, Aug. 25, 2026\n\nTransformational transaction creates a vertically integrated mortgage company,\ncombining the nation's largest retail lender with the sixth-largest non-bank\nservicing portfolio and an established in-house servicing platform\n\nCLEVELAND, Aug. 25, 2026 /PRNewswire/ -- CrossCountry Mortgage (CCM), the\nnation's number one retail mortgage lender, today announced the successful\ncompletion of its acquisition of Two Harbors Investment Corp. and its wholly\nowned subsidiary, RoundPoint Mortgage Servicing LLC. The transaction marks a\nsignificant milestone in CCM's evolution, substantially expanding its\nservicing scale and bringing servicing operations in-house.\n\n\"This transaction represents the next transformational step in the evolution\nof CrossCountry Mortgage,\" said Ron Leonhardt, Founder and CEO of CrossCountry\nMortgage. \"For more than 20 years, we've built CCM by investing in our people,\ntechnology and operations while staying focused on delivering for our\ncustomers. By combining the nation's leading retail mortgage franchise with a\nscaled servicing portfolio and RoundPoint's proven servicing capabilities,\nwe're creating what we believe is a one-of-one mortgage company. We now have\nthe ability to serve customers throughout the life of their loan — from\norigination and servicing through their next financing need. That creates a\nbetter experience for our customers, greater opportunities for retention and\nrecapture, and a stronger, more durable business for the long term.\"\n\nThe acquisition significantly expands CCM's mortgage servicing portfolio while\nproviding greater control over the customer relationship throughout the life\nof the loan. The addition of the Two Harbors portfolio also meaningfully\nexpands CCM's customer base, creating additional opportunities to leverage its\nnational retail origination franchise and consumer-direct capabilities to\ndeepen relationships with existing borrowers. Bringing servicing operations\nin-house through RoundPoint's experienced team and established operating\nplatform further integrates CCM's origination and servicing capabilities,\nenhancing customer retention and recapture opportunities across the combined\nplatform.\n\nAbout CrossCountry Mortgage\nCrossCountry Mortgage (CCM) is the nation's largest distributed retail\nmortgage lender and sixth-largest non-bank servicer, with more than 9,000\nemployees operating over 1,100 branches and servicing loans across all 50\nstates, D.C. and Puerto Rico. Our company has been recognized ten times on the\nInc. 5000 list of America's fastest-growing private businesses and has\nreceived numerous awards for its standout culture. We offer more than 120\nmortgage, refinance and home equity solutions — ranging from conventional\nand jumbo mortgages to government-insured programs from the FHA and programs\nfor Veterans and rural homebuyers — and we are a direct lender and approved\nseller and servicer for Freddie Mac, Fannie Mae and Ginnie Mae. NMLS #3029.\nThrough our dedication to getting it done, we make every mortgage feel like a\nwin.\n\nContact: Natalie Lonjak\nSr. Director, Corporate Communications & Community Engagement\nNatalie.Lonjak@ccm.com (mailto:Natalie.Lonjak@ccm.com)\n\n \n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/crosscountry-mortgage-completes-acquisition-of-two-harbors-investment-corp-302859368.html\n(https://www.prnewswire.com/news-releases/crosscountry-mortgage-completes-acquisition-of-two-harbors-investment-corp-302859368.html)\n\nSOURCE CrossCountry Mortgage\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1975008/TwoxRP-Image.jpg?id=OA2908990\nhttps://mmx.prnewswire.com/media/MS1445186/CCM-2022-Logo-HRZ-BLK-RGB-Logo.jpg?id=OA2908984\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-08-25T12:35:00.626004147Z","server_sent_at_ms":1787661300626},"received_at":"2026-08-25T12:35:00.675Z","source_url":"https://www.prnewswire.com/news-releases/crosscountry-mortgage-completes-acquisition-of-two-harbors-investment-corp-302859368.html"},"analysis":{"id":"116015","press_release_id":"127084","analysis_json":{"industry":{"label":"Mortgage REITs","sector":"Real Estate"},"redFlags":[],"eventType":"m_and_a","narrative":"CrossCountry Mortgage has completed its acquisition of Two Harbors Investment Corp. and its subsidiary, RoundPoint Mortgage Servicing LLC.\n\nThe transaction creates a vertically integrated mortgage platform, combining the nation's largest retail lender with the sixth-largest non-bank servicing portfolio.\n\nCEO Ron Leonhardt described the deal as a transformational step that allows the combined company to serve customers throughout the entire loan lifecycle, improving retention and business durability.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Acquisition of TWO complete; delisting expected as mortgage REIT is taken private by CrossCountry Mortgage."},"keyFigures":{"customDimensions":{"acquirer_branches":1100,"acquirer_employees":9000}},"quotedText":"This transaction represents the next transformational step in the evolution of CrossCountry Mortgage","namedEntities":{"people":[{"name":"Ron Leonhardt","role":"Founder and CEO of CrossCountry Mortgage"},{"name":"Natalie Lonjak","role":"Sr. Director, Corporate Communications & Community Engagement"}],"products":["mortgage","refinance","home equity solutions"],"companies":[{"name":"CrossCountry Mortgage","relationship":"acquirer"},{"name":"Two Harbors Investment Corp.","ticker":"TWO","relationship":"target"},{"name":"RoundPoint Mortgage Servicing LLC","relationship":"subsidiary"},{"name":"Freddie Mac","relationship":"agency"},{"name":"Fannie Mae","relationship":"agency"},{"name":"Ginnie Mae","relationship":"agency"}],"dollarAmounts":[]},"materialImpact":{"score":5,"reasoning":"Completion of a transformational acquisition where Two Harbors Investment Corp. is the target. This is a binary M&A event that concludes the company's status as an independent public entity."},"tickerRelevance":{"others":[],"primary":"TWO"},"globalImportance":45,"audienceRelevance":40,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid_cap","eventGravity":"m_and_a_completion","sectorWeight":"real_estate"}},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"bullish","material_impact_score":5,"narrative":"CrossCountry Mortgage has completed its acquisition of Two Harbors Investment Corp. and its subsidiary, RoundPoint Mortgage Servicing LLC.\n\nThe transaction creates a vertically integrated mortgage platform, combining the nation's largest retail lender with the sixth-largest non-bank servicing portfolio.\n\nCEO Ron Leonhardt described the deal as a transformational step that allows the combined company to serve customers throughout the entire loan lifecycle, improving retention and business durability.","key_figures":{"customDimensions":{"acquirer_branches":1100,"acquirer_employees":9000}},"named_entities":{"people":[{"name":"Ron Leonhardt","role":"Founder and CEO of CrossCountry Mortgage"},{"name":"Natalie Lonjak","role":"Sr. Director, Corporate Communications & Community Engagement"}],"products":["mortgage","refinance","home equity solutions"],"companies":[{"name":"CrossCountry Mortgage","relationship":"acquirer"},{"name":"Two Harbors Investment Corp.","ticker":"TWO","relationship":"target"},{"name":"RoundPoint Mortgage Servicing LLC","relationship":"subsidiary"},{"name":"Freddie Mac","relationship":"agency"},{"name":"Fannie Mae","relationship":"agency"},{"name":"Ginnie Mae","relationship":"agency"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-25T14:27:58.178Z","global_importance":45,"audience_relevance":40,"importance_components":{"tickerTier":"mid_cap","eventGravity":"m_and_a_completion","sectorWeight":"real_estate"}},"durationMs":309637,"modelName":"glm-4.7"}}