--- title: "UWM Holding Challenges Two Harbors Board Over Rejected Offer" type: "News" locale: "en" url: "https://longbridge.com/en/news/286321015.md" description: "UWM Holding (UWMC) has publicly criticized the Two Harbors Investment Corp. board for rejecting its $12.50 per share acquisition proposal in favor of a merger with CrossCountry Mortgage. UWMC claims the board has failed its fiduciary duties and highlights its offer's higher cash consideration and equity option. The company seeks to rally shareholders against the CrossCountry deal, supported by proxy advisory firms ISS and Glass Lewis. Analyst ratings for UWMC stock are mixed, with a Hold rating and a $4.50 price target, amid concerns over cash flows and leverage." datetime: "2026-05-13T21:31:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286321015.md) - [en](https://longbridge.com/en/news/286321015.md) - [zh-HK](https://longbridge.com/zh-HK/news/286321015.md) --- # UWM Holding Challenges Two Harbors Board Over Rejected Offer ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks UWM Holding ( (UWMC) ) has shared an announcement. On May 13, 2026, UWMC publicly criticized the board of Two Harbors Investment Corp. for rejecting its May 11 proposal to acquire Two Harbors for $12.50 per share in cash or UWMC stock, in favor of a lower-value merger with CrossCountry Mortgage. UWMC argued that the Two Harbors board has failed its fiduciary duties, highlighted that its offer provides both higher cash consideration and an equity option, and stressed that it has sufficient financial capacity and regulatory readiness to close a deal quickly. The company pointed to recommendations from proxy advisory firms ISS and Glass Lewis urging Two Harbors shareholders to vote against the CrossCountry merger and associated “golden parachute” compensation packages at the May 19, 2026 special meeting. By aligning itself with these advisory firms’ critiques of Two Harbors’ governance and compensation arrangements, UWMC is seeking to rally shareholders to block the CrossCountry transaction, preserve the possibility of a higher-valued deal, and increase pressure on Two Harbors’ board to reengage in negotiations. The most recent analyst rating on (UWMC) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on UWM Holding stock, see the UWMC Stock Forecast page. **Spark’s Take on UWMC Stock** According to Spark, TipRanks’ AI Analyst, UWMC is a Neutral. The score is held back primarily by weak and volatile cash flows and a historically high-leverage balance sheet profile, despite improving profitability. Technicals also remain bearish with the stock trading below key moving averages. Offsetting these, valuation looks attractive (low P/E and high dividend yield) and the latest earnings call was constructive on volume, margins, and operational initiatives, though leverage and deal-related uncertainty remain notable risks. To see Spark’s full report on UWMC stock, click here. **More about UWM Holding** UWM Holdings Corporation (UWMC), based in Pontiac, Michigan, operates in the U.S. mortgage finance sector, focusing on wholesale mortgage origination and related lending services. The company targets independent mortgage brokers and other partners, positioning itself as a large-scale player in residential mortgage funding and servicing across all 50 states. **Average Trading Volume:** 17,141,092 **Technical Sentiment Signal:** Sell **Current Market Cap:** $5.24B Find detailed analytics on UWMC stock on TipRanks’ Stock Analysis page. ### Related Stocks - [UWMC.US](https://longbridge.com/en/quote/UWMC.US.md) - [TWO.US](https://longbridge.com/en/quote/TWO.US.md) - [UWMCW.US](https://longbridge.com/en/quote/UWMCW.US.md) - [UWMC+.US](https://longbridge.com/en/quote/UWMC+.US.md) ## Related News & Research - [UWMC Reminds Two Harbors Stockholders to Vote the Blue Proxy Card Against the Inferior CrossCountry Transaction Today | TWO Stock News](https://longbridge.com/en/news/286786458.md) - [Is UWM Holdings (UWMC) Now Attractive After Recent Share Price Weakness?](https://longbridge.com/en/news/286683895.md) - [UWMC Provides Clarity on Latest Disingenuous Announcement by Two Harbors | TWO Stock News](https://longbridge.com/en/news/286458573.md) - [UWMC Calls Out Egregious Corporate Governance of TWO Board and Repeated Failure to Act in Best Interest of Stockholders | TWO Stock News](https://longbridge.com/en/news/286311466.md) - [ISS urges Two Harbors shareholders to reject CrossCountry deal; UWM says its $12.50 bid offers more value](https://longbridge.com/en/news/286136406.md)