The MSR-focused REIT is giving stockholders more time to cast votes on the proposed all-stock acquisition by the nation’s largest wholesale mortgage lender.

March 17, 2026

Two Harbors Investment Corp. (NYSE: TWO) announced on March 16, 2026 that it has adjourned its Special Meeting of Stockholders to allow additional time for shareholders to vote on the company’s proposed merger with UWM Holdings Corporation (NYSE: UWMC). The reconvened meeting is now scheduled for March 24, 2026 at 11:00 a.m. Eastern Time.

The adjournment is intended to give TWO stockholders who have not yet submitted their votes more time to do so, while also enabling the company to continue soliciting proxies in favor of the deal. Stockholders who have already cast their votes do not need to take any further action, as previously submitted proxies will be counted at the reconvened meeting unless formally revoked. Those who wish to change their votes may do so using the instructions provided on their proxy cards or voting instruction forms.

The record date for voting eligibility remains February 10, 2026, and the meeting will again be held in a virtual format through the company’s special meeting website.

TWO’s Board of Directors reiterated its support for the transaction, stating that it believes the proposed merger is in the best interest of stockholders. The board unanimously recommends that shareholders vote in favor of each proposal and emphasized that every vote matters regardless of the number of shares held.

Background on the Merger

As previously reported, TWO and UWMC announced on that they had entered into a definitive merger agreement under which UWMC would acquire TWO in an all-stock transaction. Under the terms of the deal, TWO stockholders would receive a fixed exchange ratio of 2.3328 shares of UWMC Class A Common Stock for each share of TWO common stock they hold.

The completion of the merger remains subject to several conditions, including the approval of TWO’s stockholders — the very matter at issue in the ongoing special meeting — as well as customary regulatory approvals and the satisfaction of other standard closing conditions.

UWMC filed a registration statement on Form S-4 with the Securities and Exchange Commission, which was declared effective on February 9, 2026. The associated proxy statement and prospectus were filed by both companies on February 12, 2026, and TWO began mailing those materials to stockholders around the same date.

About the Companies

Two Harbors Investment Corp., headquartered in St. Louis Park, Minnesota, is a Maryland-incorporated real estate investment trust focused on investing in mortgage servicing rights, residential mortgage-backed securities, and other financial assets.

UWM Holdings Corporation, based in Pontiac, Michigan, is the publicly traded indirect parent company of United Wholesale Mortgage, LLC. UWM holds the distinction of being the largest home mortgage lender in the United States, operating exclusively through the wholesale channel. The company has maintained its position as the top wholesale mortgage lender for 10 consecutive years and is also the largest purchase lender nationally. UWM originates primarily conforming and government loans across all 50 states and the District of Columbia.

What Comes Next

The adjournment signals that TWO may not yet have received sufficient votes to approve the merger, a not uncommon situation in transactions of this nature. Proxy solicitor D.F. King & Co. is assisting the company in its efforts to reach stockholders who have not yet voted.

Investors and securityholders are encouraged to review the proxy statement, prospectus, and other relevant documents filed with the SEC, which are available on the SEC’s website and on the investor relations pages of both companies. The outcome of the reconvened vote on March 24 will be a key milestone in determining whether this significant mortgage industry combination moves forward toward closing.