Most Industry Stocks Gain Ahead of Thanksgiving Holiday

Some stocks in this publication’s Mortgage Industry Equity Composite gained as much as almost 2% in value while others declined slightly on the day Wednesday.

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PHH Corp. enjoyed the top gain among MIEC stocks. Thirteen MIEC companies gained in value on the day and four suffered very small percentage losses in value.

A $100 investment in MIEC stocks on Jan. 1, 1998 based on week-to-week gains as of Monday would be worth almost $44, according to this publication’s MortgageStats subsidiary. The index’s general trend has been stable to slightly higher this year.


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