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Two Harbors Investment Corp(TWO)

Description: Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), residential mortgage loans, and other financial assets. The company's target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and non-agency RMBS collateralized by prime mortgage loans, Alt-A mortgage loans, pay-option ARM mortgage loans, and subprime mortgage loans. Its target assets also comprise prime nonconforming and credit sensitive residential mortgage loans; and other assets, such as asset backed securities and hedging transactions. The company qualifies as a REIT for federal income tax purposes. As a REIT, the company would not be subject to federal income tax, if it distributes at least 90% of net taxable income to its stockholders. PRCM Advisers LLC operates as the manager and advisor of the company. Two Harbors Investment Corp. was incorporated in 2009 and is headquartered in Minnetonka, Minnesota.


Keywords: Real Estate Investment Trust Structured Finance Mortgage Loan Mortgage Backed Security Asset Backed Security Residential Mortgage Backed Security Rmbs Adjustable Rate Mortgage

Home Page: www.twoharborsinvestment.com

TWO Technical Analysis

601 Carlson Parkway
Minnetonka, MN 55305
United States
Phone: 612 453 4100


Officers

Name Title
Mr. William Ross Greenberg Pres, CEO & Director
Ms. Mary Kathryn Riskey VP & CFO
Ms. Rebecca B. Sandberg VP, Gen. Counsel, Sec. & Chief Compliance Officer
Mr. Robert Rush VP & Chief Risk Officer
Mr. Nicholas Letica VP & Chief Investment Officer
Mr. Matt Keen VP & CTO
Ms. Alecia Hanson VP & Chief Admin. Officer
Ms. Paulenier Sims Sr. Director of Investor Relations
Mr. Jason Vinar VP and Head of Mortgage Servicing & Operations
Ms. Sheila Lichty VP & Treasurer

Exchange: NYSE

Country: US : United States of America

Currency: US Dollar ($)

Forward PE: 7.6982
Trailing PE: 3.6
Price-to-Book MRQ: 0.9704
Price-to-Sales TTM: 3.5537
IPO Date: 2009-10-29
Fiscal Year End: December
Full Time Employees: 105
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