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TWO - Two Harbors Q1 Earnings: Benefiting From Higher For Longer Rates
April, 29 2024 06:44 PM
Two Harbors Investment Corp
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
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