Risk factors
TWO Harbors Investment (TWO) risk factors
Item 1A of every TWO Harbors Investment Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors64 risks7 new2 dropped1 reworded
The risk section is entirely dominated by the pending merger with UWM Common Stock. Seven new risks detail merger terms, conditions, and litigation. Convertible notes risk and a past lawsuit risk were removed.
Filed Feb 17, 2026 - FY2024 10-K risk factors59 risks
Two Harbors faces substantial risks from interest rate volatility, heavy reliance on short-term repurchase agreements and leverage, regulatory compliance across its mortgage servicing and origination platforms, and potential valuation declines in its Agency RMBS and MSR portfolios.
Filed Feb 18, 2025