Millions of Bank of America Shares Continue to Trade

Mortgage stock prices did not see significant fluctuations on Tuesday when buyers continued to bid for Bank of America shares.

Processing Content

B of A shares traded at $12.14 to $12.24 bringing sales volume to over 162 million.

Most mortgage stocks traded at cents on the dollar up or down.

Astoria Federal shares traded down 2.28% marking the highest decline among the 17 stocks in the Mortgage Industry Equity Composite Index.

PHH Mortgage shares also traded down 1.63%, along with Radian Group and Kaufman & Broad whose share prices declined by 1.4% and 1.07%, respectively.

Six other stocks traded down by less than 1% with the rest of the mortgage stock trading up by less than 1% with one exception.

Fidelity National was the biggest gainer for the day selling over 2.3 million shares up 1.75%.


For reprint and licensing requests for this article, click here.
Secondary markets
MORE FROM NATIONAL MORTGAGE NEWS
Load More