Two Harbors Investment is a holding company. Through its subsidiaries, Co. operates as a real estate investment trust. Co.'s portfolio can be categorized into two strategies based on investment characteristics: Rates Strategy, which includes assets that are sensitive to changes in interest rates, prepayments and mortgage spreads, including but not limited to Agency residential mortgage-backed securities, mortgage servicing rights and related hedging transactions; and Credit Strategy, which includes assets that are sensitive to changes in the credit performance of the underlying collateral, including but not limited to non-Agency securities and related hedging transactions.

Preferreds: TWO.PRA, TWO.PRB, TWO.PRC