Mortgage defects saw a dramatic decline in 2024
The national critical defect rate for mortgages fell to 1.16% in the fourth quarter of 2024. That marked the second-lowest level on record, according to a report released Thursday by ACES Quality Management. For the entire calendar year of 2024, the average critical defect rate was 1.52%, down 9.52% from 2023. Post-closing quality control data […]
Mortgage defects saw a dramatic decline in 2024 Read More »
