The stock closed 13.19% higher than its Tuesday close and at one point set a 52-week high.
Redwood Trust also posted a large percentage gain, 11.29%, after it released its second-quarter results. PennyMac also released results and its stock gained 2.33%. All but three of the MIEC stocks closed higher on Thursday.
The losers were Dime Community, down 0.92%; PHH, down 0.88%; and Radian, down 0.42%.