Mortgage Stocks

National Mortgage News offers several stock-related resources on this page that can help you keep track of the rapidly evolving mortgage industry.

Mortgage Industry Equity Composite

National Mortgage News has compiled a Mortgage Industry Equity Composite, intended to reflect developments in the mortgage industry. The Composite includes stocks representing all major segments of the industry: banks, thrifts, non-depository lenders, GSEs, mortgage insurers, title insurers, technology vendors, commercial real estate finance companies, builder-lenders, subprime and high-LTV lenders. The Composite is intended to be a representative sample only. The exclusion or inclusion of a stock should in no way be interpreted as a statement about the importance of the underlying company.

Mortgage Industry Equity Composite
MIEC Index: 28.2 Change: -1.7
Company	10/6/2008	9/29/2008	Wkly.% Chg.	52 wk/lo	52 wk/hi	% Chg.	P/E Ratio
Astoria Federal (AF)	19.24	20.07	-4%	16.65	30.00	15.56%	15.43
Bank of America (BAC)	32.97	32.26	2%	18.44	52.96	78.80%	18.99
Bank of Hawaii (BOH)	51.03	53.73	-5%	37.46	70.00	36.23%	13.37
Doral Financial (DRL)	10.90	13.50	-19%	10.48	24.70	4.01%	n/a
Fiserv, Inc (FISV)	40.92	46.21	-11%	43.05	56.80	-4.95%	11.26
Fannie Mae (FNM)	1.29	1.52	-15%	0.35	67.93	268.57%	n/a
Fidelity National (FNF)	12.45	13.30	-6%	11.93	20.96	4.36%	n/a
Franklin Bank (FBTX)	0.40	0.50	-20%	0.36	9.42	11.14%	n/a
Freddie Mac (FRE)	1.44	1.71	-16%	0.25	64.00	475.96%	n/a
Hudson City Bancorp (HCBK)	18.31	18.14	1%	13.28	20.97	37.88%	26.06
Kaufman & Broad (KBH)	18.15	19.07	-5%	13.16	30.59	37.92%	n/a
LandAmerica Financial (LFG)	20.24	20.59	-2%	9.01	53.23	124.64%	n/a
PMI Mortgage Ins. (PMI)	2.58	2.88	-10%	1.20	35.87	115.00%	n/a
Radian Group (RDN)	4.25	4.40	-3%	0.70	25.36	507.14%	n/a
Notes: NMN compares last week's closing price to that of the 52-week low. Source: NMN/Mortgagestats.com

MIEC Index

Since January, 1998 National Mortgage News has been tracking price developments of stocks in the Mortgage Industry Equity Composite by computing the MIEC Index. For all practical purposes, the index can be thought of as the dollar value of a $100 investment in these companies made on January 1, 1998.