Investors cheered the news regarding from the government on
PHH was the best performer on a percentage basis, up 3.83%, followed by private mortgage insurers MGIC Investment Corp. and Radian Group, up 2.86% and 1.44% respectively.
PennyMac had the largest percentage decline, down 1.64%, followed by KB Home, down 0.84%, and Ellie Mae, down 0.82%.