MGIC Is the Top Mortgage Stock Gainer
MGIC Investment Corp. had the largest percentage gain among Mortgage Industry Equity Composite stocks on Wednesday, closing up 2.4% on lighter-than-average trading volume.
Overall, nine MIEC stocks closed higher and eight lower than they did on Tuesday. PennyMac Mortgage Investment Trust gained 1.2%, and Home Loan Servicing Solutions was up 1.1%.
Ellie Mae had the largest percentage loss, down 2.3%. Fiserv was down 0.9%, while Dime Community was down 0.85%.
The Dow Jones Industrial Average losing streak hit a fourth day and it was down 25 points.