# CrossCountry Mortgage

Type: Company

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/crosscountry-mortgage
Canonical HTML page: https://getfinancebrief.com/entity/crosscountry-mortgage

## Timeline

- **2026-08-25**: Merger closes before market open — Two Harbors becomes a wholly owned subsidiary of CrossCountry Mortgage.
- **2026-08-24**: Record date for stub dividend — Shareholders of record at close of business receive $0.20326 per share stub dividend.
- **2026-08-21**: Final regulatory approval — Company announces final regulatory clearance, clearing the way to close.
- **2026-07-02**: Investors approve CCM deal — Two Harbors shareholders approve the CrossCountry Mortgage merger.
- **2026-05**: CCM wins at $12 with dividend — CCM raises cash to $12 per share and adds dividend component; Two Harbors board reaffirms CCM based on regulatory certainty.
- **2026-04**: CCM raises to $11.30 — CCM increases all-cash offer; UWM raises cash-and-stock proposals.
- **2026-03**: CCM enters with $10.80 cash — UWM share price declines; Two Harbors walks away and CCM emerges with all-cash bid of $10.80 per share.
- **2025-12**: UWM all-stock deal agreed — Two Harbors agrees to sell to United Wholesale Mortgage for about $11.94 per share in stock; would have been UWM's first acquisition.

## Recent coverage (1 stories)

### TWO $12/share CCM deal closes Aug 25, 19% premium to TBV
2026-08-21 21:30:49 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

Two Harbors' $12 per share all-cash sale to CrossCountry Mortgage clears final regulatory approval, with closing set for August 25. Shareholders of record on August 24 also receive a $0.20326 stub dividend, locking in a 19% premium to March tangible book value.
Full story: https://getfinancebrief.com/story/two-harbors-crosscountry-final-regulatory-approval-finance

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