Two Harbors Investment: 20% Discount To Book Value Exaggerated

Two Harbors Investment Corp.'s (NYSE: TWO ) share price crashed in April to a new 1-year low, but it has since seen a profound recovery which was in part aided by the mortgage REIT's earnings scorecard forAnalyst’s Disclosure: I/we have a beneficial long position in the shares of AGNC, NLY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business rela ...