ACES Quality Management, Denver, reported the overall critical defect rate increased to 1.71% in the first quarter from 1.38% in late 2025.
Tag: Nick Volpe
ACES: Critical Defect Rate Falls to Annual Low
ACES Quality Management, Denver, reported the overall fourth-quarter critical defect rate fell to 1.38%, a 22.9% decrease from 1.79% in Q3 2025, marking the first quarterly decline after three consecutive quarters of increases.
ACES Quality Management: Overall Critical Defect Rate Increases
ACES Quality Management, Denver, reported the overall critical defect rate increased from 1.51% in Q2 2025 to 1.79% in Q3 2025, an 18.5% increase.
ACES Finds Modest Rise in Critical Defect Rate
ACES Quality Management, Denver, found the overall critical defect rate increased from 1.31% in the first quarter of 2025 to 1.51% in the second.
ACES: Critical Defect Rate for Q4 2024 Drops
ACES Quality Management, Denver, saw the overall critical defect rate for Q4 2024 drop to 1.16%, the second lowest level since ACES began compiling the report.
ACES: Q3 2024 Critical Defect Rate Falls
ACES Quality Management, Denver, released its Q3 Mortgage QC Trends Report, finding the overall critical defect rate declined from the second quarter by 17%. The overall rate ended the quarter at 1.51%.
ACES Finds Second Consecutive Increase in Critical Defect Rate
ACES Quality Management, Denver, found the overall critical defect rate increased to 1.81% during the second quarter, moving closer to the precarious 2% threshold.
ACES: Critical Defect Rate Decreased Again in Q4 2023
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%.
ACES Quality Management: Critical Defect Rate Continues to Decline in Q3
ACES Quality Management, Denver, found the overall critical defect rate continued to fall in Q3 2023, by 2.91% to 1.67%.
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.