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CoreLogic, LPS Competitor, Sees Its Stock Price Fall 2%.

JAN 6, 2014 4:58pm ET
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CoreLogic, a competitor of Lender Processing Services, had the second the largest percentage loss among Mortgage Industry Equity Composite stocks on Monday.

The company’s shares lost nearly 2% from its Friday close. This is the second trading day following Fidelity National Financial’s completion of the LPS deal. FNF’s loss of 1.5% was the third largest decline among the 12 MIEC stocks which closed lower.

MGIC Investment Corp had the largest loss at slightly over 2%.

PennyMac Mortgage Investment Trust gained 2.4%, followed by Bank of America at 1.5%. The other gainers in the MIEC were PHH, Dime Community and Fiserv.

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