ACES Q2 2026 Mortgage QC Industry Trends Report shows first Q1-to-Q2 decline in critical defect rate since 2023
DENVER, Colo. — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced today that the overall critical defect rate fell to 1.64% in the second quarter (Q2) of 2026, according to its quarterly ACES Mortgage QC Industry Trends Report. The 4.1% drop from Q1 marked the first decline between the first and second quarters since 2023, though the rate remained 8.6% higher than a year earlier.