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.
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
Currency: US Dollar ($)
| GIC Sector: | Financials |
|---|---|
| GIC Group: | Diversified Financials |
| GIC Industry: | Mortgage Real Estate Investment Trusts (REITs) |
| GIC Sub-Industry: | Mortgage REITs |
| 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 |