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August Origination Insight Report from Ellie Mae Sees Increase in Refinance Percentages

PLEASANTON, Calif.--(BUSINESS WIRE)--The percentage of closed refinances increased for the first time in 2018 to 32 percent in August, up from 29 percent in July according to the Origination Insight Report from Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry.