CrossCountry Mortgage to acquire Two Harbors

CrossCountry Mortgage has entered into an agreement to acquire Two Harbors, signaling a significant consolidation within the mortgage industry. This acquisition is expected to enhance CrossCountry Mortgage's market position and expand its service offerings. The deal reflects a strategic move to grow market share and leverage synergies between the two companies. Further details regarding the terms and integration plans are anticipated as the transaction progresses through regulatory approvals.