Executives at United Wholesale Mortgage (UWM) and Two Harbors Investment Corp. (TWO) raised the heat in an email exchange during their latest round of deal negotiations.

TWO mentioned that UWM could be trying to frustrate competitor CrossCountry Mortgage (CCM) in its efforts to acquire Two Harbors, while UWM alleged that TWO executives are prioritizing their own compensation in detriment of shareholders. The email exchange — included in filings with the Securities and Exchange Commission (SEC) — were between Bill Greenberg, president and CEO of Two Harbors, and Mat Ishbia, chairman and CEO of UWM.

A shareholder meeting to vote details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com