Company: TWO-PC
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001465740-25-000140
Chunk: 191

Company: TWO HARBORS INVESTMENT CORP.
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 8
Chunk 191
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893)$(447)$(3,340)$(2,893)$(447)$(3,340)The following tables present the components comprising the carrying value of AFS securities for which an allowance for credit losses has not been recorded by length of time that the securities had an unrealized loss position as of June 30, 2025 and December 31, 2024. At June 30, 2025 and December 31, 2024, the Company held 1,154 and 632 AFS securities, respectively; of the securities for which an allowance for credit losses has not been recorded, 158 and 159 were in an unrealized loss position for less than twelve consecutive months and 305 and 370 were in an unrealized loss position for more than twelve consecutive months, respectively.June 30, 2025Unrealized Loss Position forLess than 12 Months12 Months or MoreTotal(in thousands)Estimated Fair ValueGross Unrealized LossesEstimated Fair ValueGross Unrealized LossesEstimated Fair ValueGross Unrealized LossesAgency$1,750,300 $(6,316)$2,794,020 $(135,393)$4,544,320 $(141,709)Non-Agency631 (143)— — 631 (143)Total$1,750,931 $(6,459)$2,794,020 $(135,393)$4,544,951 $(141,852)

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

December 31, 2024Unrealized Loss Position forLess than 12 Months12 Months or MoreTotal(in thousands)Estimated Fair ValueGross Unrealized LossesEstimated Fair ValueGross Unrealized LossesEstimated Fair ValueGross Unrealized LossesAgency$3,252,413 $(53,374)$3,845,019 $(270,700)$7,097,432 $(324,074)Non-Agency5 — — — 5 — Total$3,252,418 $(53,374)$3,845,019 $(270,700)$7,097,437 $(324,074)Gross Realized Gains and LossesGains and losses from the sale of AFS securities are recorded as realized gains (losses) within loss on investment securities in the Company’s consolidated statements