Purchase Volume Rises Slightly in December, According to Ellie Mae Origination Insight Report

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PLEASANTON, Calif.--(BUSINESS WIRE)--After a four-month decline, mortgage lenders saw shares of purchase loan volumes rise in December even as mortgage rates continued to fall, according to the latest Origination Insight Report released by Ellie Mae® (NYSE:ELLI), a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Meanwhile, the closing rates for purchase loans ended the year at 67.1 percent, the highest level since Ellie Mae began t

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