<SEC-DOCUMENT>0001104659-23-062696.txt : 20230519
<SEC-HEADER>0001104659-23-062696.hdr.sgml : 20230519
<ACCEPTANCE-DATETIME>20230519161828
ACCESSION NUMBER:		0001104659-23-062696
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20230519
DATE AS OF CHANGE:		20230519

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TWO HARBORS INVESTMENT CORP.
		CENTRAL INDEX KEY:			0001465740
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				270312904
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-34506
		FILM NUMBER:		23940343

	BUSINESS ADDRESS:	
		STREET 1:		1601 UTICA AVENUE SOUTH
		STREET 2:		SUITE 900
		CITY:			ST. LOUIS PARK
		STATE:			MN
		ZIP:			55416
		BUSINESS PHONE:		612.453.4100

	MAIL ADDRESS:	
		STREET 1:		1601 UTICA AVENUE SOUTH
		STREET 2:		SUITE 900
		CITY:			ST. LOUIS PARK
		STATE:			MN
		ZIP:			55416

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Two Harbors Investment Corp.
		DATE OF NAME CHANGE:	20090605

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RISKEY MARY KATHRYN
		CENTRAL INDEX KEY:			0001661925

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		1601 UTICA AVENUE SOUTH
		STREET 2:		SUITE 900
		CITY:			ST. LOUIS PARK
		STATE:			MN
		ZIP:			55416
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: RISKEY MARY KATHRYN -->
          <cik>0001661925</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001465740</issuerCik>
      <issuerName>TWO HARBORS INVESTMENT CORP.</issuerName>
      <secFileNumber>001-34506</secFileNumber>
      <issuerAddress>
        <com:street1>1601 Utica Avenue South</com:street1>
        <com:street2>Suite 900</com:street2>
        <com:city>St. Louis Park</com:city>
        <com:stateOrCountry>MN</com:stateOrCountry>
        <com:zipCode>55416</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>612-453-4100</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Mary K. Riskey</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Raymond James</name>
        <address>
          <com:street1>660 Newport Center Drive</com:street1>
          <com:street2>Suite 570</com:street2>
          <com:city>Newport Beach</com:city>
          <com:stateOrCountry>CA</com:stateOrCountry>
          <com:zipCode>92660</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>3997</noOfUnitsSold>
      <aggregateMarketValue>49123.13</aggregateMarketValue>
      <noOfUnitsOutstanding>96664882</noOfUnitsOutstanding>
      <approxSaleDate>05/22/2023</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>05/19/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Vesting of Restricted Stock Unit Award</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Two Harbors Investment Corp.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3997</amountOfSecuritiesAcquired>
      <paymentDate>05/19/2023</paymentDate>
      <natureOfPayment>Vesting of Restricted Stock Unit Award</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>The reporting person anticipates selling the shares for the purpose of satisfying income tax liabilities, incurred upon the vesting of the restricted stock unit awards, pursuant to written instructions previously executed by the reporting person.</remarks>
    <noticeSignature>
      <noticeDate>05/19/2023</noticeDate>
      <planAdoptionDates>
        <planAdoptionDate>02/17/2021</planAdoptionDate>
      </planAdoptionDates>
      <signature>/s/ Mary K. Riskey</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
