ACES Quality Management, Denver, released its Mortgage QC Industry Trends report for the fourth quarter of 2023, finding that the critical defect rate decreased to 1.53%.
Tag: Critical Defect Rate
![](https://newslink.mba.org/wp-content/uploads/2023/12/Critical-Defect-ACES-Q3.jpg?w=465&h=310&crop=1)
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.
![](https://newslink.mba.org/wp-content/uploads/2023/06/ACES-Q4-2022-6-15-23.jpg?w=465&h=310&crop=1)
Critical Defect Rate Drops in Q4 2022, ACES Finds
ACES Quality Management, Denver, found the overall critical defect rate declined to 1.84% in Q4 2022.