ACES News

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Article | November 22, 2024

ACES report uncovers another increase in mortgage defects

Defects across all underwriting categories are on the rise and ‘lenders need to double down’ on precautions, according to ACES Quality Management

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Article | November 21, 2024

Mortgage defect growth points to emerging concern

As both origination volume and interest rates increased during the second quarter, mortgage defect rates rose too, increasing by nearly 15% compared with the first quarter, Aces Quality Management said.

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Article | November 21, 2024

ACES Finds Second Consecutive Increase in Critical Defect Rate

ACES Quality Management, Denver, found the overall critical defect rate increased to 1.81% during the second quarter, moving closer to the precarious 2% threshold.

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Article | November 21, 2024

ACES: Rate of Critical Defects Jumped in the Second Quarter

The rate of critical defects found in mortgages post-closing increased to 1.81% of all loans in the second quarter, according to ACES Quality Management (ACES), a provider of enterprise quality management and control software.

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Press release | November 19, 2024

ACES Q2 2024 Mortgage QC Trends Report Reveals Second Consecutive Increase in Critical Defect Rate

DENVER, Colo., Nov. 20, 2024—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 Industry Trends Report covering the second quarter (Q2) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.

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Article | November 13, 2024

Mortgage QC Software Firm ACES Adds 10 New Credit Union Clients

ACES Quality Management, which offers quality control software to the mortgage industry, reports that it recently added 10 new credit union clients to its roster.

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Press release | November 12, 2024

ACES Quality Management now supplies audit technology to six of the top 20 largest U.S. credit unions

DENVER, Colo., Nov. 12, 2024—ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the addition of 10 credit unions to its growing customer base. These organizations leverage ACES Quality Management & Control Software® to improve quality and mitigate risk across multiple internal areas, including mortgage lending, consumer lending, deposit accounts and more.

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Conference | November 01, 2024

ACES Quality Management’s, Amanda Phillips, Selected to Speak at CA MBA's 2024 Legal Issues and Regulatory Compliance Conference

ACES' EVP of Compliance, Amanda Phillips, has been selected to speak at CA MBA's 2024 Legal Issues and Regulatory Compliance Conference on Tuesday, December 10th in Irvine, CA.

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Article | October 23, 2024

Will Better Days Bring Bigger Risks? Sponsored Content from First American

Even before the Federal Reserve cut rates by 50 basis points, sentiment among our lender clients had shifted noticeably. They were more optimistic and, for the first time in two and a half years, focused once again on capacity and not just cost reduction.

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Conference | October 23, 2024

Join Team ACES at the upcoming America's Credit Unions Lending Council Conference in Nashville!

Come visit Team ACES at the upcoming America's Credit Unions Lending Council Conference at Table #T12.

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