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Two Harbors Rebuts UWM in $500M Suit Over Failed Merger

UWM Holdings logoUWM Holdings
Sig3.60Sen-2.70Env0.00Soc0.00Gov-1.80

UWMC says its $600 million loss is tied to a risk position and sues Two Harbors for breach of contract and fraud, seeking more than $500 million. Two Harbors counters that UWMC’s damages claims are demonstrably false and argues the terminated deal reflected UWMC’s market performance and governance concerns. The stock-for-stock merger was announced in Dec. 2025 and ended in March 2026.

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