Two Harbors Investment (TWO) - 2025 Q1 - Earnings Call Presentation

Financial Performance - The company's book value per share was $14.66 as of March 31, 2025[6] - The common stock dividend was $0.45 per share[6] - The economic return on book value was 4.4% for the quarter[6] - Comprehensive income per share was $0.62[6] - The investment portfolio totaled $14.6 billion[6] - The economic debt-to-equity ratio was 6.2x[6] Portfolio Composition - The total portfolio market value was $14.6 billion as of March 31, 2025, including $11.6 billion in settled positions[22] - Agency RMBS represented $8.6 billion of the balance sheet as of March 31, 2025[19] - Mortgage Servicing Rights (MSR) represented $3.0 billion of the balance sheet as of March 31, 2025[19] RoundPoint Operations - RoundPoint serviced a total Unpaid Principal Balance (UPB) of $208 billion[12] - Direct-to-consumer originations included over $38.8 million UPB in originations pipeline[12]