Mortgage Stocks Rebound on Tuesday

The stock market rebounded after Monday’s meltdown as investors regained confidence in the wake of the Boston attack and the rebound in gold prices.

That confidence spread to mortgage-related stocks as 14 of the 17 Mortgage Industry Equity Composite members closed above their Monday close.

And of the three that did take a loss, that loss was small. OceanFirst Financial was down 0.57%, Home Loan Servicing Solutions was down 0.53% and CoreLogic was down 0.02%.

The biggest gainer was Redwood Trust, up 2.88%, followed by Bank of America, up 2.5%, and Fidelity National Financial, up 2.11%.