It was another mixed day Wednesday for the members of the Mortgage Industry Equity Composite. Even through the Dow Jones Industrial Average closed at a record high, seven of the 17 MIEC stocks closed lower than on Tuesday.
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Top gainers on a percentage basis were PHH, up 2.51%, Fidelity National Financial, up 1.46%, and Hudson City, up 1.19%.
On the other hand, the biggest percentage losers were Ellie Mae, down 2.82%, KB Home, down 2.19%, and Redwood Trust, down 1.52%.
Both of the private mortgage insurers in the MIEC did not have a good reception by investors, even as they noted they
