Two Harbors Investment Corp. Adds Diane Wold
To Senior Management Team
To Senior Management Team
NEW YORK, May 18, 2011 — Two Harbors Investment Corp. (NYSE: TWO; NYSE Amex: TWO.WS)
announced today that it has added Diane Wold to its senior management team as a Managing Director.
Two Harbors also announced today that it is launching a loan securitization program aiming to
capitalize on opportunities in the private jumbo loan market.
Ms. Wold was previously a Senior Vice President & Managing Director at GMAC Residential Capital
Corporation (GMAC ResCap), where she led the company’s U.S. residential mortgage loan
securitization program in her 16-year career at GMAC ResCap. During her time at GMAC ResCap, Ms.
Wold oversaw the securitization of approximately $400 billion of residential mortgage loans, with a
majority of the issuance being backed by prime jumbo loans. At various points in her career, Ms.
Wold was responsible for managing all aspects of the securitization program, including ongoing bond
reporting and investor relations functions.
Ms. Wold is a Certified Public Accountant and has a Masters of Business Taxation from the
University of Minnesota and a Bachelors of Business Administration from the University of Iowa.
Ms. Wold is also a founding member and currently on the Advisory Board of the American
Securitization Forum.
“We are thrilled to have someone of Diane’s background and caliber join the Two Harbors team,” said
Thomas Siering, Two Harbors’ President and Chief Executive Officer. “Her experience aids in the
efficient integration of the loan securitization program into our business model. It also allows
for further initiatives.”
“I am very excited to join Two Harbors at a time that presents great opportunities for
building a strong loan securitization platform,” said Ms. Wold. “The private mortgage
securitization market is beginning to re-open and we believe there will be increasing demand for
mortgage investment products that are well designed, backed by high quality collateral, and
transparent in their disclosures. Our initial focus will be on jumbo loan securitizations, where we
believe there is a significant opportunity.”
About Two Harbors Investment Corp.
Two Harbors Investment Corp., a Maryland corporation, is a real estate investment trust that
invests in residential mortgage-backed securities. Two Harbors is headquartered in Minnetonka,
Minnesota, and is externally managed and advised by PRCM Advisers, LLC, a wholly-owned subsidiary
of Pine River Capital Management L.P. Additional information is available at
www.twoharborsinvestment.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the safe harbor
provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results
may differ from expectations, estimates and projections and, consequently, readers should not rely
on these forward-looking statements as predictions of future events. Words such as “expect,”
“target,” “assume,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,”
“may,” “will,” “could,” “should,” “believe,” “predicts,” “potential,” “continue,” and similar
expressions are intended to identify
- 1 -