Mortgage Stocks Mixed Results on Friday

Even though Friday marked the third day of a stock market losing streak, gainers on the Mortgage Industry Equity Composite edged losers nine to seven with Fidelity National Financial closing unchanged.

KB Home, one of only two MIEC stocks to gain on Thursday, led all of the down stocks on Friday with a 1.16% drop in price. CoreLogic was down 0.89% and Redwood Trust was 0.51% lower.

Leading the gainers was MGIC Investment Trust, up 2.13%.Home Loan Servicing Solutions was up 1.6% and Ellie Mae was up 0.71%.

Article source: http://www.nationalmortgagenews.com/dailybriefing/Mortgage-Stocks-Mixed-Friday-1038245-1.html

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