Fifteen stocks in this publicationís Mortgage Industry Equity Composite increased by as much as 3% Friday, but two companiesí shares lost roughly 1% of their value.
CoreLogic fared best among industry stocks followed by Fiserv, which had a slightly smaller percentage gain under 3%. Ellie Mae and Radian were the two companies that experienced slight declines in value. The Dow ended the day up more than 1%.
A $100 investment in MIEC stocks on Jan. 1, 1998 based on week-to-week gains as of Friday would be worth midway between $43 and $44, according to this publicationís MortgageStats subsidiary. The indexís general trend has been stable to slightly higher this year.