A recent rise in mortgage interest rates has cast a pall over the stocks of the nation's major mortgage banking companies.

The shares of Countrywide Credit Industries Inc.. Fleet Mortgage Group Inc., and Margaretten Financial Corp. have fallen sharply in the past couple of weeks.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.