Industry | 2015.11.19
Credit Scores on Closed Loans Continue to Drop According to Latest Origination Insight Report
PLEASANTON, Calif.--(BUSINESS WIRE)--Credit scores on closed loans continued to fall to their lowest levels since Ellie Mae began reporting data in August 2011, 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. The average FICO score on all closed loans fell to 722, marking the fifth consecutive month of decline. Additionally, the average FHA ref
For more information, please visit
http://www.businesswire.com/news/home/20[...]sed-Loans-Continue-Drop-Latest
