NEW YORK - Two Harbors (NYSE:TWO) Investment Corp. (NYSE: TWO), a real estate investment trust specializing in mortgage servicing rights and residential mortgage-backed securities, has announced the immediate appointment of industry veteran Sanjiv Das to its Board of Directors. Mr. Das brings a wealth of experience from his tenure in the financial and mortgage sectors, most recently serving as President at Pagaya (NASDAQ:PGY) Technologies Ltd. (NASDAQ: PGY).
Stephen G. Kasnet, Chairman of Two Harbors' Board, expressed confidence that Das's extensive background in mortgage finance and consumer insight will be instrumental as the company advances its business strategies and operations. Das's professional history includes leadership roles at several prominent institutions. He has been at the helm of Pagaya Technologies since October 2023, guiding the company's commercial strategy and expansion. His previous positions include CEO of Caliber Home Loans from 2016 to 2021 and leadership roles at First Data Corporation, Citibank, Morgan Stanley (NYSE:MS), American Express (NYSE:AXP), and Bank of America (NYSE:BAC).
During his time at Citibank, Das was considered a key figure in the bank's recovery efforts amid the financial crisis from 2008 to 2013. His industry influence extends beyond corporate roles, having served on the board of the Housing Policy Council and being an active participant in the Mortgage Bankers Association. Additionally, Das contributes to the arts and cultural community as a member of the Leonard Bernstein Circle of The New York Philharmonic and the board of American Friends of The Cite du Vin.
Two Harbors Investment Corp ., based in St. Louis Park, Minnesota, focuses its investment strategies on mortgage servicing rights and agency residential mortgage-backed securities among other financial assets.
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