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home / news releases / TWO - Two Harbors Q1 Earnings: Benefiting From Higher For Longer Rates


TWO - Two Harbors Q1 Earnings: Benefiting From Higher For Longer Rates

2024-04-29 18:44:26 ET

Summary

  • Two Harbors Investment Corp. benefits from a higher for longer interest rate environment due to its focus on mortgage servicing rights.
  • Q1 earnings reflect strong income generation, with comprehensive income more than doubling from the previous quarter.
  • Book value increased by 2.8% in Q1, signaling ongoing stabilization and presenting an opportunity for potential upside.
  • Consider the preferred shares.

For further details see:

Two Harbors Q1 Earnings: Benefiting From Higher For Longer Rates
Stock Information

Company Name: Two Harbors Investment Corp
Stock Symbol: TWO
Market: NYSE
Website: twoharborsinvestment.com

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