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Ishbia’s Bid for Two Harbors Fails After Shareholders Back CrossCountry Merger

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2026-07-02 19:14:57
Shareholders of mortgage servicer Two Harbors Investment Corp. voted Thursday to approve a merger with CrossCountry Mortgage, dealing a setback to Mat Ishbia’s UWM Holdings Corp., according to Bloomberg.

UWM had been courting Two Harbors as it sought to counter a sharp decline in its stock after a months-long takeover fight.
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