UWM urges Two Harbors holders vote against CCM USD 12 merger at May 19 meeting

UWM Holdings Corp. Class A

UWM Holdings Corp. Class A

UWMC

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  • UWM Holdings escalated proxy fight ahead of May 19, 2026 special meeting at Two Harbors, urging shareholders to vote against CrossCountry Mortgage $12 per share merger.
  • ISS recommended a vote against CCM deal, citing concerns over Two Harbors board process, limited price discovery, repeated agreement changes, lack of evidence deal reflects full value.
  • ISS also recommended votes against non-binding compensation proposal, citing equity vesting acceleration concerns, plus against adjournment proposal.
  • Campaign positions UWM’s $12.5-per-share-or-stock-upside offer as higher value alternative, seeking to force board engagement.


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