Most MIEC Stocks Gain Friday, with Two Exceptions


Fifteen stocks in this publications Mortgage Industry Equity Composite increased by as much as 3% Friday, but two companies shares lost roughly 1% of their value.

CoreLogic fared best among industry stocks followed by Fiserv, which had a slightly smaller percentage gain under 3%. Ellie Mae and Radian were the two companies that experienced slight declines in value. The Dow ended the day up more than 1%.

A $100 investment in MIEC stocks on Jan. 1, 1998 based on week-to-week gains as of Friday would be worth midway between $43 and $44, according to this publications MortgageStats subsidiary. The indexs general trend has been stable to slightly higher this year.

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