Nuveen Mortgage Opportunity Term Fund 2 announces a share repurchase program. Under the program, the company will repurchase up to 2,403,569 shares of the fund’s issued and outstanding shares. The program will be funded from the proceeds of sales of securities in the fund’s investment portfolio and from cash on hand. The offer will expire on October 7, 2019. As of September 4, 2019, the company had 4,879,039 shares issued and outstanding. ON September 9, 2019, the company announced that it will conduct a tender offer allowing shareholders to offer up to 100% of their shares for repurchase for cash at a price per share equal to 100% of the net asset value per share determined on the date the tender offer expires. Deborah Bielicke Eades from Vedder Price P.C. acted as legal advisor to the company.