Radian Group, which reported a quarterly loss this morning but noted policies written since 2009 now make up more than half of its insured business, was the most traded stock among Mortgage Industry Equity Composite members (other than Bank of America) on Wednesday.
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It edged out mortgage insurance rival MGIC Investment Corp., 16.44 million shares to 16.35 million shares traded according to Yahoo Finance. Radian also closed up 0.29%, one of 10 MIEC stocks to reports gains compared with Tuesday’s close.
Home Loan Servicing Solutions had the largest percentage gain 2.24%, followed by MGIC, up 1.9%, and Ellie Mae, up 0.84%.
KB Home was down 5.16%, followed by PennyMac, down 1.71%, and B of A, down 1.54%.