In this special "Best and Worst 2013" edition of The Motley Fool's everything-financials show, Where the Money Is, banking analysts David Hanson and Matt Koppenheffer tell viewers why Two Harbors Investment Corp. (TWO 0.10%) and Invesco Mortgage Capital (IVR +0.00%) lagged the market in 2013, but could be better positioned for 2014. As investors were able to find more yield in the fixed income market, investors headed for the doors of the everything-mortgage REITs.
Here's Why Two Harbors and Invesco Mortgage Capital Got Absolutely Hammered in 2013
By Matt Koppenheffer and David Hanson – Jan 2, 2014 at 7:21AM
NYSE: TWO
Two Harbors Investment Corp.
Market Cap
$1.0B
Today's Change
(-0.00%) $0.01
Current Price
$9.77
Price as of October 23, 2025 at 4:00 PM ET
Here's why these hybrid REITs took a punishing in 2013.
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.