Mortgage quality control is evolving again as artificial intelligence begins reshaping auditor efficiency, loan quality and risk management for lenders and servicers.
Tag: Trevor Gauthier
(Sponsored) ACES Quality Management: Revenue Retention Requires Rigorous QC, Compliance Adherence
Learn how lenders are managing loan quality and maintaining compliance amid new Fannie Mae policies and compliance challenges.
Sponsored Content from ACES Quality Management: Revenue Retention Requires Rigorous QC, Compliance Adherence
Learn how lenders are managing loan quality and maintaining compliance amid new Fannie Mae policies and compliance challenges.
ACES Quality Management Sponsored Content: Revenue Retention Requires Rigorous QC, Compliance Adherence
Learn how lenders are managing loan quality and maintaining compliance amid new Fannie Mae policies and compliance challenges.
ACES Quality Management: Revenue Retention Requires Rigorous QC, Compliance Adherence (Sponsored Content)
Learn how lenders are managing loan quality and maintaining compliance amid new Fannie Mae policies and compliance challenges.
Revenue Retention Requires Rigorous QC, Compliance Adherence: Sponsored Content from ACES Quality Management
Learn how lenders are managing loan quality and maintaining compliance amid new Fannie Mae policies and compliance challenges.
3Q Critical Defect Rate Posts Series High
ACES Quality Management, Denver, said the overall critical defect rate for mortgage underwriting in the third quarter rose to a series high.
ACES: Critical Defect Rates Up 6%
ACES Quality Management, Denver, issued its quarterly Mortgage QC Industry Trends Report, showing the overall critical defect rate increased by 6% in the second quarter to 2.05%, crossing the 2% threshold for only the third time in this report’s history.
ACES: 4Q Critical Defect Rate Rises to 1.95%
The company’s Q4 Mortgage QC Industry Trends Report found the overall critical defect increased 0.08% to 1.95%, a change of 4% from the prior quarter, as lenders transitioned to a purchase-heavy lending environment.
Critical Defect Rate Down 18%
ACES Quality Management, Denver, said mortgage lenders managed loan origination quality “extremely well” in the third quarter, leading to an 18% improvement in overall credit defect rates.