All industry stocks on this publication’s Mortgage Industry Equity Composite ended the trading day Wednesday with gains, with mortgage insurer MGIC leading the pack.
Increases in the 17 stocks tracked by this publication’s Mortgage Industry Equity Composite ranged from Home Loan Servicing Solutions Ltd.’s gain of just above 1% to MGIC’s gain of more than 12%, according to Yahoo Finance.
In addition to HLSS, only two of the MIEC stocks generated gains below the Dow’s average increase of 2.35% on the day. These were Astoria Financial Corp. and CoreLogic Inc., which experienced gains of 1.5% and just below 2%, respectively.
After MGIC, the highest gaining stock was Fidelity National Financial, which was up above 4% on the day when it announced the acquisition of an employee benefits platform specializing in health insurance distribution.
