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ISS recommends Two Harbors investors vote against CCM merger

UWM Holdings (UWMC) announced that Institutional Shareholder Services, an independent proxy advisory firm, has recommended that stockholders of Two Harbors Investment Corp. (TWO) VOTE AGAINST the CrossCountry Mortgage merger proposal at the upcoming special meeting on May 19, 2026, reaffirming the higher value of UWMC’s $12.50 or stock upside offer for stockholders. UWMC appreciates ISS’s independent evaluation and the recommendation to vote AGAINST the CCM merger.

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