TWO Q3 Deep Dive: Litigation Settlement Drives Portfolio Adjustments, Subservicing Business Expands

Two Harbors Investment reported Q3 earnings, with revenue up 147% YoY but missing analyst expectations due to a $375M settlement. Despite cost increases, management plans to focus on growth, cost control, and expanding subservicing and origination businesses. Key areas of focus include technology investment, asset mix optimization, and customer relationship building. Investors will monitor progress as the company aims to transform recent challenges into future profits.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.