ACES Risk Management, Denver, released its quarterly ARMCO Mortgage QC Trends Report, showing critical defect rates improved from the fourth quarter to the first and in 2019 overall.
Tag: Nick Volpe
ARMCO: Critical Defect Rate Drops 9%
ACES Risk Management, Denver, said the overall critical defect rate reached 1.56% in the third quarter, to the lowest defect rate since 2016.
ARMCO: Critical Defect Rate Improves; FHA Loan Quality Decreases
ACES Risk Management, Denver, released its quarterly Mortgage QC Trends Report, showing a continued drop in overall critical defects but an uptick in FHA loan performance.