Press Releases

April Origination Insight Report from Ellie Mae Sees Purchase Percentage of Closed Loans Rise to Highest Levels Since 2014

PLEASANTON, Calif. – May 16, 2018 – The percentage of closed purchase loans continued to increase, rising four percentage points to 66 percent in April, according to the most recent Origination Insight Report from Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry.

In April, the 30-year interest rates rose to the highest point since Ellie ... READ MORE