The final stock trading day of 2013 saw the Dow Jones Industrial Average set another new record. The mortgage stocks tracked by National Mortgage News had a more mixed outcome.
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Ellie Mae closed near 4% lower on Tuesday, and it was the biggest percentage loser in the Mortgage Industry Equity Composite. Astoria Financial was down 1.2% and CoreLogic was down 1.1%. All told, seven of the 17 MIEC members closed lower than they did
Home Loan Servicing Solutions closed nearly 2% higher. MGIC Investment Corp. closed up 1.1%, while Redwood Trust and KB Home both closed 0.8% higher.
The Dow closed 72 points higher.
