Business Daily.
.
A+ R A-

Purchase Loan Activity Climbs to 61 Percent of Lenders’ Total Volume, According to Latest Ellie Mae Origination Insight Report

E-mail Print PDF
PLEASANTON, Calif.--(BUSINESS WIRE)--Purchase loan activity climbed 3 points to account for 61 percent of lenders’ overall mortgage volume, 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. This marks the first time that purchase loans have reached 60 percent since October 2014. Meanwhile, lenders’ closing rate on all purchase loans rose to 69 pe

imageimage

Read more

Grow Your Business with Times Media
Business Daily Media