NEW YORK--(BUSINESS WIRE)--TWO (Two Harbors Investment Corp., NYSE: TWO), an MSR-focused REIT, today announced that its Board of Directors (the “Board”) has received an unsolicited proposal to acquire all of the outstanding shares of TWO common stock for $10.70 per share in cash. In addition to the per share cash consideration, the unsolicited proposal provides for the payment of the $25.4 million termination fee that TWO would be required to pay to UWM Holdings Corporation (“UWMC”) (NYSE: UWMC.