While the stock market as a whole continued its rally to a fourth day and the Dow Jones Industrial Average set yet another record high, investors had a more bearish opinion on the stocks in the Mortgage Industry Equity Composite on Thursday.
Processing Content
Of the 17 companies in the index, eight were up, eight were down and one broke even when compared with
The big gainers on the day were technology stocks CoreLogic, up 6.29%, and Ellie Mae, up 3.1%.
At the other end of the spectrum, Redwood Trust lost 1.97%, with Home Loan Servicing Solutions dropping 1.67%.
Fannie Mae and Freddie Mac also continued their retreat. Each company lost $0.06 per share in the day’s trading.
