Traditional QC risks are declining, but lenders now face mounting exposures in fraud, insurance gaps and compliance volatility.
The mortgage industry’s quality control risk landscape is shifting dramatically. Traditional defect categories such as income and employment and credit are seeing historic declines, while once-marginal issues like insurance gaps and fraud are now taking center stage. For lenders navigating this evolution, agility and insight are critical. Data from ACES Quality Management’s latest QC Industry Trends Report, along with insights shared by Fannie Mae, underscore how vital it is for QC strategies to adapt to emerging threats.
ACES Mortgage QC Industry details ⇒
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