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Mortgage stocks are getting battered – what happens next? 

stock market real estate investment

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stock market real estate investment

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The stock market has not been kind to mortgage lenders – some are now trading in the $1-a-share range

In a one-week period between June 10 and June 17, 11 publicly traded mortgage companies lost a collective $6.14 billion in market capitalization. As investors fled the space, their valuations declined 17.4% to $29 billion in aggregate, according to a HousingWire analysis of details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com