ACES News

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Article | September 17, 2021

Defects decline as mortgage lenders self-correct

Mortgage lenders have been making strides to right their wrongs, with critical defects falling to a rate of 2.01% in the first quarter of 2021, according to ACES Quality Management’s report published this week.

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Article | September 17, 2021

ACES: Rate of Critical Defects in Closed Mortgages Fell Again in Q1

The rate of critical defects in mortgage loans post-closing fell to 2.01% in the the first quarter, down from 2.09% in the fourth quarter of 2020, according to the ACES Mortgage QC Industry Trends Report.

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Article | September 16, 2021

Lender critical defect rate falls again

The downward trend in critical defects continued in Q1 2021, ending the quarter at 2.01% versus the prior quarter’s rate of 2.09%, according to ACES Quality Management, a provider of enterprise quality management and control software.

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Article | September 16, 2021

Early payment defaults drop below pre-pandemic levels

A key indicator of loan buyback risk has fallen back below pre-pandemic levels, according to Aces Quality Management’s most recent quarterly report.

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Press release | September 14, 2021

ACES Mortgage QC Industry Trends Report Shows Decline in Critical Defect Rate for Second Consecutive Quarter

DENVER, Colo., Sept. 15, 2021—ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Trends Report covering the first quarter (Q1) of 2021. The latest report provides an analysis of post-closing quality control data derived from ACES Quality Management & Control® software.

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Press release | September 01, 2021

HousingWire Selects ACES Quality Management Executive VP Nick Volpe as 2021 HW Insider

DENVER, Colo., Sept. 2, 2021—ACES Quality Management®(ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced industry trade publication HousingWire has named Executive Vice President of Key Accounts Nick Volpe as one of its 2021 Insiders.

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Conference | August 05, 2021

MBA Live - Risk Management, QA and Fraud Prevention Forum 2021, hosted virtually September 28-29, 2021

MBA Risk Management, QA & Fraud Prevention Forum millennium sponsor, ACES Quality Management, was selected to speak in 2 separate sessions: “Underwriting & QA Track: Risks of Moving from a Refinance to Purchase Market” and "Underwriting & QA Track: Best Practices for QA/QC Reporting".

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Conference | August 04, 2021

Amanda Phillips, ACES EVP of Compliance, selected to speak at the MBA Regulatory Compliance Conference

Amanda Phillips, ACES EVP of Compliance, has been selected to speak at the upcoming MBA Regulatory Compliance Conference on September 14, 2021 at the Grand Hyatt Washington, Washington, DC.

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Conference | August 04, 2021

Amanda Phillips, ACES EVP of Compliance, selected to speak at the ACUMA Annual Conference

Amanda Phillips, ACES EVP of Compliance, has been selected to speak at the upcoming ACUMA Annual Conference on September 15, 2021 at the Gaylord National Resort in Washington, DC.

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Conference | July 27, 2021

ACUMA WEBINAR: Enter Stage Left: The CFPB’s Next Act for Servicing Compliance

While the events of 2020 were worthy of a Shakespearian drama, it seems the mortgage industry may have only seen Act I, as 2021 has brought with it fresh challenges on the regulatory front. Join ACES EVP of Compliance, Amanda Phillips, and Tracy Ashfield as they discuss what credit unions can expect in terms of increased scrutiny of servicer’s handling of forbearance requests and loss-mitigation efforts on Thursday, August 5 at 1pm central time.

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