Sustained defect rate improvement fueled by increase in refinance and conventional transactions while EPD increase attributed to the “COVID effect”
DENVER, Colo., September 17, 2020—ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced the release of the quarterly ACES Mortgage QC Trends Report. The latest report, which provides nationwide loan quality findings based on data derived from ACES Quality Management and Control Software™, covers the first quarter (Q1) of 2020.