Mortgage Stocks are Getting Battered–What Happens Next?

HousingWire, June 21, 2022–Flavia Furlan Nunes
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 stock data.