DENVER, Colo., Feb. 13, 2025—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 third quarter (Q3) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.
Click here to readDENVER, Colo., Feb. 6, 2025—ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced that Bill Cleary, vice president of Single-Family Credit Risk Loan Quality at Fannie Mae, will speak at the ACES ENGAGE conference at The Broadmoor Resort in Colorado Springs, Colo., May 18–20, 2025.
Click here to readDENVER, Colo., Feb. 4, 2025—ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the mortgage industry, has been selected for the 11th consecutive year by HousingWire magazine for its annual TECH100 honors list. The magazine chose ACES for the continual innovation of its flagship ACES Quality Management & Control® software.
Click here to readCombating regulatory uncertainty with proactive QC solutions
Click here to readDENVER, Colo., Jan. 14, 2025—ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has sought to support its customers through turbulent market conditions by providing critical technology innovations to its quality control audit suite. The critical enhancements ACES made throughout the year helped support a 15% year-over-year increase in quality control audits conducted across its customer base and achieved 66% growth in new client acquisition.
Click here to readCome visit Team ACES at booth #311!
Click here to readIncome and appraisal-related issues are two of the three leading reasons why lenders are forced to repurchase loans from Fannie Mae and Freddie Mac, at an average of $32,288, a study from Reggora and Stratmor found.
Defects across all underwriting categories are on the rise and ‘lenders need to double down’ on precautions, according to ACES Quality Management
Click here to readAs 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.
Click here to readACES Quality Management, Denver, found the overall critical defect rate increased to 1.81% during the second quarter, moving closer to the precarious 2% threshold.