Two Harbors misses estimates as UWM deal nears

As Two Harbors Investment moves toward its sale to UWM Holdings, the mortgage REIT posted another quarterly GAAP loss and fell short of Wall Street’s earnings expectations, even as results improved sharply from a settlement-driven stumble earlier in the year.  

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The net loss of $1.3 million was much improved from the third quarter loss of $141.2 million; the prior period loss…