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Two Harbors Reaffirms August Closing Timeline For CrossCountry Deal
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Two Harbors Reaffirms August Closing Timeline For CrossCountry Deal
Two Harbors Investment Corp. used its latest dividend announcement to reaffirm expectations that its pending sale to CrossCountry Mortgage remains on track for an August closing.The mortgage servicing rights (MSR)-focused real estate investment trust said it plans to continue paying regular quarterly dividends until the transaction is completed and expects to declare a prorated dividend during the quarter in which the merger closes.
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