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November Origination Insight Report from Ellie Mae Sees Percentage of Adjustable Rate Mortgages Reach Highest Point in History of Report

PLEASANTON, Calif.--(BUSINESS WIRE)--According to the November Origination Insight Report from Ellie Mae® (NYSE:ELLI), the leading cloud-based platform provider for the mortgage finance industry, the percentage of Adjustable Rate Mortgages (ARMs) reached 8.9 percent, the highest percentage since Ellie Mae began tracking data in 2011.