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%.
Tag: ACES
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 Quality Management: Critical Defect Rate Up in Q1
ACES Quality Management, Denver, released its Mortgage QC Industry Trends report for the first quarter, finding a modest increase in the critical defect rate to 1.58%.
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%.