Two Harbors Investment Corp. functions as a real estate investment trust (REIT), primarily involved in the acquisition, funding, and oversight of diverse mortgage-related and financial instruments throughout the United States. These assets broadly encompass residential mortgage-backed securities (RMBS), non-agency securities, and mortgage servicing rights. Specifically, the company targets agency RMBS collateralized by fixed-rate, adjustable-rate, and hybrid adjustable-rate mortgage loans.