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Bloomberg

Ishbia’s Mortgage Takeover Attempt Fails, Ending Monthslong Feud

Thursday, July 2, 2026


Shareholders of Two Harbors Investment Corp. voted Thursday to approve a merger with CrossCountry Mortgage. UWM Holdings Corp., led by Mat Ishbia, had also sought to acquire Two Harbors. The vote ended a months-long bidding process between the two companies for Two Harbors.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-02/ishbia-s-mortgage-takeover-attempt-fails-ending-monthslong-feud

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