Most Industry Composite Stocks Drop on Day

Like the Dow, most stocks in this publication’s Mortgage Industry Equity Composite lost some value during the day, with five exceptions.

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Twelve of the 17 MIEC stocks saw their values decline, although none more than 3.87%, according to Yahoo Finance.

Most took greater percentage losses than the Dow, which was down 0.28% on the day. The exception among industry stocks that lost value was Redwood Trust, which was down just 0.05%.

But five companies’ shares saw gains on the day: Astoria Financial, Bank of Hawaii, Dime Community Bancshares, Home Loan Servicing Solutions and OceanFirst Financial Corp. Astoria’s gain was the highest at 1.8%.

Bonnie Sinnock

Capital Markets Editor

Bonnie Sinnock is National Mortgage News' Capital Markets Editor at Arizent and has worked for NMN and affiliated publications since 1995. Her... Read full bio

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