B of A Sole Loser on Thursday’s MIEC

Bank of America, on a day when the Dow Jones Industrial Average neared its highest point in five years, was the only stock in the Mortgage Industry Equity Composite on Thursday which lost ground from its Wednesday close.

Ellie Mae led all gainers on the day, up 5.72%, followed by Home Loan Servicing Solutions and the two pure-play private mortgage insurers, MGIC and Radian.

Bucking the trend was B of A, which lost 4.24% on the day. Before the market opened, the second largest U.S. bank said it earned $700 million, or 3 cents per diluted share, in 4Q12, compared to $2 billion, or $0.15 per diluted share, during the same time period last year.

During the period, the bank settled several of its mortgage-related problems.