Two Harbors Investment Corp.‘s latest adjournment of its special meeting underscores just how tight the shareholder math appears to be on its proposed sale to a CrossCountry Mortgage (CCM) affiliate — and how much pressure is coming from rival bidder United Wholesale Mortgage (UWM).

Two Harbors said Tuesday it has pushed its special meeting of stockholders to July 2 to allow more time to solicit proxies in favor of the CCM transaction. The meeting, originally scheduled for May 19 and delayed for a third time this week, will be held virtually.

The Two Harbors details ⇒

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