Two Harbors Investment Corp. Subsidiary Named Federal Home Loan Mortgage Corporation Licensed Servicer

Two Harbors Investment Corp . (NYSE: TWO; NYSE MKT: TWO.WS) announced today that one of its wholly-owned subsidiaries received approval as a servicer under the Federal Home Loan Mortgage Corporation’s (“Freddie Mac”) home mortgage (1-4 unit) program. This approval allows the company to invest in Mortgage Servicing Rights (MSRs) on Freddie Mac loans.

Two Harbors Investment Corp.

Two Harbors Investment Corp., a Maryland corporation, is a real estate investment trust that invests in residential mortgage-backed securities, residential mortgage loans and other financial assets. 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.

Additional Information

Stockholders and warrant holders of Two Harbors, and other interested persons, may find additional information regarding the company at the Securities and Exchange Commission’s Internet site at www.sec.gov or by directing requests to: Two Harbors Investment Corp., 601 Carlson Parkway, Suite 1400, Minnetonka, MN 55305, telephone 612-629-2500.

Copyright Business Wire 2010

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