MGIC Is the Top Mortgage Stock Gainer

MGIC Investment Corp. had the largest percentage gain among Mortgage Industry Equity Composite stocks on Wednesday, closing up 2.4% on lighter-than-average trading volume.

Overall, nine MIEC stocks closed higher and eight lower than they did on Tuesday. PennyMac Mortgage Investment Trust gained 1.2%, and Home Loan Servicing Solutions was up 1.1%.

Ellie Mae had the largest percentage loss, down 2.3%. Fiserv was down 0.9%, while Dime Community was down 0.85%.

The Dow Jones Industrial Average losing streak hit a fourth day and it was down 25 points.

Article source: http://www.nationalmortgagenews.com/dailybriefing/MGIC-Top-Mortgage-Stock-Gainer-1040139-1.html

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