Ellie Mae Big Gainer Among MIEC Stocks

In the ping pong game that is the stock market, Ellie Mae, Thursday’s worst performing stock in the Mortgage Industry Equity Composite, was Friday’s top gainer.

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The technology company finished the day 1.82% over its previous close. Next was Redwood Trust, up 1.57%, while third was another company bouncing back and forth this past week, Radian, up 0.82%.

At the other end of the table was another technology company, CoreLogic, down 2.67%, followed by Bank of Hawaii, down 1.40%, and Bank of America, down 1.27%.

Overall, nine of the MIEC stocks ended the day with gains, while eight ended with losses. The Dow Jones Industrial Average ended Friday up 17.21 points.

Brad Finkelstein

Originations Editor

Brad Finkelstein is the originations editor of National Mortgage News. While he covers the entire process, Brad's specialty is loan production and... Read full bio

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