There were 10 MIEC stocks that closed lower than they did on Tuesday, while seven were gainers.
During the day, MGIC Investment Trust set a 52-week high at $8.69 per share. Meanwhile, Radians and MGICs competitors did not fare as well. Genworth gained 1.6%, while United Guarantys parent AIG gained 1.1%. NMI Holdings also gained 1.1%. Essent lost over 2%.
Meanwhile the two companies to which the private mortgage insurance industrys fate is linked to had banner days. Fannie Mae gained over 5.5%, while Freddie Mac gained nearly 7% and both stocks closed at over $3 per share.
MIEC member PennyMac Investment Trust lost nearly 3% from its Tuesday close, while OceanFirst Financial was down over 2%.