Search Results for: FHA percentage

Fintech Lender Network Capital Announces Acquisition of Huge Service Portfolio
Fintech News

Fintech Lender Network Capital Announces Acquisition of Huge Service Portfolio

Fintech News Desk
by Fintech News Desk0
NETWORK CAPITAL ON A ROLL WITH $800 MILLION DOLLAR ACQUISITION NETWORK CAPITAL, leading provider of refinancing loans in the Mortgage and Fintech sectors, today announced that they have acquired nearly a $1bn portfolio from a big player in the service industry. This brings Network Capital expansion efforts to new heights with the ability to......
MPOWER Financing Adds Jatin Rajput, Global Financial Services Executive and Fintech Investor, to Its Board
Business Fintech News

Millennials Will Lead Surge in Purchase Market, According to Ellie Mae Millennial Tracker

Fintech News Desk
by Fintech News Desk0
Millennial purchase activity is on the rise, according to the latest Ellie Mae Millennial Tracker. Purchase share – the percentage of all loans closed during the month that were purchases – grew for the second straight month, reaching 56% in June, up nine percentage points from May. This marks the highest......
Fintech News

June Ellie Mae Origination Insight Report Data Shows Purchase Market Rebounding As Interest Rates Continue To Decline

Fintech News Desk
by Fintech News Desk0
Interest rates on all closed loans continued to decline in June to 3.40 percent, down from 3.43 percent in May, according to the latest Origination Insight Report from Ellie Mae®, the leading cloud-based loan origination platform provider for the mortgage industry. The 30-year rate on conventional loans fell again, dropping to 3.42 percent,......
March Ellie Mae Origination Insight Report Data Shows Refinance Market Growth as Interest Rates Continue to Drop
Capital Markets Fintech News

March Ellie Mae Origination Insight Report Data Shows Refinance Market Growth as Interest Rates Continue to Drop

Fintech News Desk
by Fintech News Desk0
Interest rates continued to decline in March to the lowest percentage since January 2013, driving up the percentage of refinances, according to the March Origination Insight Report from Ellie Mae, the leading cloud-based loan origination platform provider for the mortgage industry. Read More: 2020 Outlook: Blackhawk Network CEO and President Previews the New Ways Shoppers......
Refinance Activity Declines for Second Consecutive Month, According to the Latest Ellie Mae Millennial Tracker
Business Fintech News

Refinance Activity Declines for Second Consecutive Month, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
by Fintech News Desk0
In December 2019, refinance share – the percent of all loans closed during the month that were refinances – among millennials dropped for the second straight month as interest rates rose yet again. According to the latest Ellie Mae Millennial Tracker, 27% of all loans closed by millennials in December were refinances,......
Millennials' Refinance Activity Soars as Interest Rates Hit Historic Lows, According to the Latest Ellie Mae Millennial Tracker
Banking Fintech News

Millennial Refinance Activity Slows as Interest Rates Rise, According to the Latest Ellie Mae Millennial Tracker

Fintech News Desk
by Fintech News Desk0
The share of refinances closed by millennials decreased in November 2019 as interest rates on 30-year loans climbed. According to the latest Ellie Mae Millennial Tracker, 31% of loans closed by millennials in November were refinances, down 3% from the month prior. This marks the first month-over-month decrease for refinance share since May 2019.......
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