LEONARD, STREET AND DEINARD PROFESSIONAL ASSOCIATION
SUITE 2300
150 SOUTH FIFTH STREET
MINNEAPOLIS MN 55402

 
April 30, 2010
Stephen M. Quinlivan
(612) 335-7076
stephen.quinlivan@leonard.com
 
Securities and Exchange Commission
450 Fifth Street Northwest
Washington D.C. 20549
Attention: 
Mr. Tom Kluck
Mr. Duc Dang
     
Re:
Amendment No. 2 to Registration Statement on Form S-11
File No. 333-163034
      
Gentlemen:

Filed herewith is Amendment No. 2 to Form S-11 Registration Statement for Two Harbors Investment Corp. (No. 333-163034).  Do not hesitate to contact the undersigned at (612) 335-7076 or Jill Radloff at (612) 335-7119 should you have any questions.

Very truly yours,

LEONARD, STREET AND DEINARD
PROFESSIONAL ASSOCIATION



/s/ Stephen M. Quinlivan
     Stephen M. Quinlivan