Regulatory compliance issues were down 51 percent in 2019 from 2018, to a multi-year low of 5.17 percent of all critical defects.
And loan package/documentation defects were volatile in 2019 but still posted a 12 percent improvement compared with 2018, according to a new report from ACES Risk Management (ARMCO).
Read on to see other highlights of ARMCO’s report, including which six defect categories showed improvement from Q3 to Q4.
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