Mortgage Index Stocks Up Thursday, Led by Redwood

Most Mortgage Industry Equity Composite stocks had a good day of trading on Thursday.

Redwood Trust continues to be the star of the index again as the final bell rang.

RWT stock traded up 3.15% still riding an upward wave that started on Tuesday when the stock sold for a 4.46% gain.

Radian Group stock also was up, 2.37%, while Home Loan Servicing Solutions changed hands, up 2.54%.

Kaufman Broad and Ocean Financial also traded up 1.18% and 1.06%, respectively, while most other stocks traded up just below 1%.

MGIC was one of the three stocks that ended the day in the red.

MGIC traded down 1.2% as its stock value fluctuated anywhere from $4.92 to $5.13.

The other two worst performing stocks for the day were CoreLogic, down 0.33%, and Fidelity National, down 0.2%.

Article source: http://www.nationalmortgagenews.com/dailybriefing/mortgage-stocks-up-thursday-led-by-redwood-1035115-1.html

Leave a Reply

WP2Social Auto Publish Powered By : XYZScripts.com
Bunk Beds