Tag: Mortgage QC Trends Report
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MQMR: Mortgage Industry Margin Compression Calls for Fixed-Cost Approach to Compliance Support
LOS ANGELES, Calif. — Mortgage Quality Management and Research, LLC (MQMR) President Michael Steer today advised lenders to adopt a fixed-cost approach to compliance support in the face of margin compression and declining per-loan profits. By investing in a fixed-cost solution for compliance, lenders can better manage their monthly expenses while ensuring they remain compliant,…
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ARMCO Releases Fourth Quarter / Calendar Year 2017 Trends Report
POMPANO BEACH, Fla. — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, announced the release of the quarterly ARMCO Mortgage QC Trends Report. The latest report provides loan quality findings for mortgages reviewed by ACES Audit Technology(TM) during the fourth quarter (Q4) of 2017 as well as the 2017 calendar…
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Critical Loan Defect Rates Increase for Third Consecutive Quarter
POMPANO BEACH, Fla. — ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology(TM), announced the release of the ARMCO Mortgage QC Trends Report for the second quarter of 2017. The ARMCO Mortgage QC Industry Trends Report is based on nationwide post-closing quality control loan data from over…