he increase in closing times in November comes after a leveling out from January through August. Read on for details from the Origination Insight Report.">
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Time to close loans rises near 2016 high
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Industry News, Market Data
Tuesday, December 27, 2016
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More than a year since the new disclosure forms became effective, overall closing times have risen near their highest mark of 2016, a new report from Ellie Mae states.
Closing times are one day behind January’s level, which was the longest period of time to close loans registered by the report since February 2013.
The increase in closing times in November comes after a leveling out from January through August. Read on for details from the Origination Insight Report.
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