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Tag Archives: Ellie Mae

Millennials vs. Credit Scores

houses

A new report found significant difference in credit scores of millennial homebuyers across the country. Do these swings highlight the millennial perception of needing perfect credit scores to qualify for a mortgage?

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An Uptick in Purchase Loans

Underwriting

Despite a tough home buying market and rising rates, April saw an increase of purchase loans that were closed according to a report. What are the factors likely to impact these numbers going into summer?

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