Two Harbors’ GAAP Improves After Offering, Repositioning

Two Harbors Investment Corp., a hybrid single-family residential mortgage REIT, recorded net GAAP earnings of $54.6 million during the third quarter when it completed a secondary stock offering and repositioned its portfolio to anticipate the HARP program change.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_468/two-harbors-gaap-improves-1027295-1.html

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