ACES Quality Management, Denver, found the overall critical defect rate continued to fall in Q3 2023, by 2.91% to 1.67%.
Tag: ACES Quality Management
Industry Briefs March 5, 2024
Industry news from ACES Quality Management, Matic, Truv, Dark Matter Technologies, Paradatec, LoanLogics, BaseCap Analytics and Calque.
Quote: Dec. 19, 2023
“Nearly 96% of all home mortgages are performing, which underscores how strong servicing portfolio performance is right now with the same resilience seen in the U.S. labor market.”
–Marina Walsh, CMB, MBA’s Vice President of Industry Analysis.
Quote: Dec. 18, 2023
“Q2 2023 proved to be better than expected, as the critical defect rate continued to decline in the face of a surge in origination volume over the previous quarter.”
–Nick Volpe, Executive Vice President of ACES Quality Management
ACES: Critical Defect Rate Falls for Third Straight Quarter
ACES Quality Management, Denver, Colo., reported the critical defect rate for the second quarter of 2023 fell to 1.72%, a 3.37% decrease and the third consecutive quarter of declines.
ACES: Critical Defect Rate Down for Q1 2023
ACES Quality Management, Denver, reported the overall critical defect rate for the first quarter of 2023 was 1.78%. That’s down 3.26% from the previous quarter, and the second straight quarter of declines.
ACES: Critical Defect Rate Down for Q1 2023
ACES Quality Management, Denver, reported the overall critical defect rate for the first quarter of 2023 was 1.78%. That’s down 3.26% from the previous quarter, and the second straight quarter of declines.
Sponsored Content from ACES Quality Management: How QC Drives Profit Preservation
Amidst changing QC requirements and increasing repurchase risk, lenders must invest in automation to drive efficiency and protect profits.
Sponsored Content from ACES Quality Management: How QC Drives Profit Preservation
Amidst changing QC requirements and increasing repurchase risk, lenders must invest in automation to drive efficiency and protect profits.
Sponsored Content from ACES Quality Management: How QC Drives Profit Preservation
Amidst changing QC requirements and increasing repurchase risk, lenders must invest in automation to drive efficiency and protect profits.