The mortgage critical defect rate rose from 1.31% to 1.51% in Q2 2025, driven by collateral and eligibility defects. The refinance defect share increased amid more cash-out transactions. AI Summary ...
ACES Risk Management (ARMCO) has announced the release of the quarterly ARMCO Mortgage QC Trends Report, providing loan quality findings for mortgages reviewed by ACES Audit Technology during the ...
Mortgage lenders generated more defective loans in the second quarter, reflecting the transition from a refinance to a purchase market, according to ACES Quality Management’s latest critical defect ...
Residential building defects have emerged as a critical concern for the construction industry worldwide, impacting both economic outcomes and occupant well‐being. Contemporary research has underlined ...
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