ACES News
Follow ACES Announcements, Media Coverage, and Conference Schedule
Follow ACES Announcements, Media Coverage, and Conference Schedule
If the year thus far could be summed up in one word, it would be “volatility.”
Click here to readDENVER, Colo., May 11, 2023—ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced it has been awarded a Top Workplaces 2023 honor by Denver Post Top Workplaces.
Click here to readDENVER, Colo., May 1, 2023—ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announces the addition of ACES PROTECT, a suite of automated regulatory compliance tests, to its flagship ACES Quality Management & Control® quality control (QC) auditing platform. ACES PROTECT enables lenders to reduce audit time and improve oversight by incorporating automatic compliance testing into their overall QC auditing environment.
Click here to readOriginally known as “war time,” Daylight Savings Time was first instituted during World War I as a fuel saving measure and, as of 2005, officially occurs on the second Saturday in March. This spring, Fannie Mae announced changes to its selling guide that, once instituted, will spring lenders’ quality control (QC) and compliance departments forward. While the changes were announced on March 1, 2023, they aren’t slated to take effect until September 1 of this year, meaning lenders have nearly six months to update their compliance operations.
Click here to readACES Quality Management will be exhibiting at the upcoming MBA Legal Issues and Regulatory Compliance Conference in Austin, TX on May 7-10, 2023.
Click here to readACES EVP of Compliance, Amanda Phillips, presents on the latest in Home Equity and HELOC trends, mortgage compliance and third party oversight.
Click here to readAfter two years of record mortgage volumes, the government-sponsored enterprises are finally checking the loans they purchased during this time frame to see if they comply with the guidelines.
Click here to readThe rate of critical defects in mortgage loans post-closing increased 20.5% during the second quarter of 2022, rising to a rate of 2.47% of all loans by the start of the third quarter 2022...
Click here to readCritical defects on mortgage applications reached a new high in the third quarter last year, in a period when originations declined steeply and competition heightened, according to a new report from Aces Quality Management.
Click here to readACES Quality Management, Denver, said the overall critical defect rate for mortgage underwriting in the third quarter rose to a series high.
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