Company: TWO-PC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0001465740-25-000104
Chunk: 151

Company: TWO HARBORS INVESTMENT CORP.
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 8
Chunk 151
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Non-Agency SecuritiesAgency DerivativesMortgage Servicing RightsTotal Amount OutstandingWithin 30 days$3,854,675$—$3,344$—$3,858,01930 to 59 days1,095,184—12,518—1,107,70260 to 89 days898,956———898,95690 to 119 days915,695———915,695120 to 364 days2,189,644195619125,0002,315,458One year and over———645,000645,000Total$8,954,154$195$16,481$770,000$9,740,830Weighted average borrowing rate4.50 %5.01 %4.79 %7.38 %4.73 %

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Table of ContentsTWO HARBORS INVESTMENT CORP.Notes to the Consolidated Financial Statements (unaudited)

December 31, 2024Collateral Type(dollars in thousands)Agency RMBSNon-Agency SecuritiesAgency DerivativesMortgage Servicing RightsTotal Amount OutstandingWithin 30 days$2,373,562$—$4,262$—$2,377,82430 to 59 days2,316,237———2,316,23760 to 89 days1,304,175207731—1,305,11390 to 119 days759,177———759,177120 to 364 days291,706——75,000366,706One year and over———680,000680,000Total$7,044,857$207$4,993$755,000$7,805,057Weighted average borrowing rate4.90 %5.39 %5.31 %7.44 %5.15 %The following table summarizes assets at carrying value that are pledged or restricted as collateral for the future payment obligations of the Company’s repurchase agreements:(in thousands)March 31,2025December 31, 2024Available-for-sale securities, at fair value$8,575,773 $7,097,561 Mortgage servicing rights, at fair value (1)1,337,875 1,355,639 Restricted cash58,137 218,363 Due from counterparties691,270 25,231 Derivative assets, at fair value20,297 5