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August 10, 2022
Cadwalader is advising Two Harbors Investment Corp. (NYSE: TWO) and wholly owned subsidiary Matrix Financial Services Corporation in Matrix's definitive agreement to acquire RoundPoint Mortgage Servicing Corporation from Freedom Mortgage Corporation. The transaction is expected to close in 2023 and is subject to customary closing conditions.
Two Harbors Investment Corp., a long-time Cadwalader client, is a real estate investment trust that invests in residential mortgage-backed securities, mortgage servicing rights, and other financial assets.
The Cadwalader team was led by Corporate partner Braden McCurrach and included associates Peter Bariso and Browning Platt, Capital Markets partners Chris Gavin and Taylor Speers, Executive Compensation and Benefits partner Michael Bergmann and Real Estate partner Steve Herman and associate Jose Oropeza.