The run by the private mortgage insurers as the leading gainers among the stocks compiling the Mortgage Industry Equity Composite is over, as both MGIC and Radian are among the laggards in early morning trading today.

Radian stock price is down 1.25% while MGIC’s is off 0.64%. But the big loser for the day so far on a percentage basis is PennyMac, down 1.54%. Ellie Mae is down 1.06%.

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