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TWO-PB| Name | Value |
|---|---|
| Revenues | 0.0M |
| Cost of Revenue | 21.8M |
| Gross Profit | -21.8M |
| Operating Expense | 348.8M |
| Operating I/L | -370.6M |
| Other Income/Expense | 678.2M |
| Interest Income | 103.8M |
| Pretax | 307.6M |
| Income Tax Expense | 30.9M |
| Net Income/Loss | 264.9M |
Two Harbors Investment Corp. is a real estate investment trust (REIT) specializing in investing in residential mortgage-backed securities (RMBS), non-agency securities, mortgage servicing rights, and other financial assets in the United States. The company primarily focuses on agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, and hybrid adjustable-rate mortgages, as well as non-agency securities and non-hedging transactions. As a REIT, it must distribute at least 90% of annual taxable income to its stockholders. Two Harbors Investment Corp. generates revenue through investing in and managing a diversified portfolio of mortgage-related assets.
