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UWM sues Two Harbors as shareholders launch securities probe
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Scotsman Guide
TWO, a real estate investment trust (REIT), owns RoundPoint Mortgage Servicing and its massive portfolio of mortgage servicing rights (MSRs), which UWM first publicly stated its intent to acquire in December.
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But as UWM sues for damages, its own shareholders are scrutinizing the company.
Glancy Prongay Wolke and Rotter LLP, the firm retained by UWM shareholders to investigate the company for possible securities law violations, did not return a request for comment by time of publication.