Reported Earlier, UWMC Raises Two Harbors Offer To $12.00...

Delivers amended offer to TWO Board allowing stockholders to elect $12.00 per share in cash ($0.70 per share more, or more than 6% higher, than CrossCountry Mortgage) or 2.3328 shares of UWMC common stock with no cap or proration on the amount of cash
Urges Two Harbors stockholders to tell the TWO Board that it must exercise its fiduciary duty to maximize value for its stockholders and negotiate in good faith with UWMC
UWMC provides additional detail on its prior offer not previously disclosed by the TWO board, the amended offer delivered today and why UWMC's new offer is so clearly superior

Reported Earlier, UWMC Raises Two Harbors Offer To $12.00 Per Share Cash Or 2.3328 UWMC Shares, Backed By $1.3B Mizuho Committed Financing