Category: Article

January 20, 2021

Why COVID-19’s full effect on loan quality has yet to be seen

National Mortgage News | Nick Volpe, EVP of ACES Quality Management

2020 will be remembered as an anomaly of a year, with the effects of COVID-19 rippling through nearly every aspect of the economy. While the mortgage industry experienced record loan volume, the pandemic created circumstances that impacted loan quality and exposed lenders to greater risk. As we close the books on 2020, analysis of post-closing QC data from the second quarter shows the industry has yet to feel the pandemic’s full effect on loan quality — meaning lenders shouldn’t consider themselves out of the woods just yet.

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December 16, 2020

Critical defect rate of closed loans spiked in 2Q due to COVID-19

Critical defects found in closed mortgage loan files were at their highest since 2018 in the second quarter, due to conditions created by the pandemic, a review conducted by Aces Quality Management found

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December 02, 2020

COVID-19’s Effect on Early Payment Defaults

Early payment defaults (EPDs) are on the rise due to the pandemic. In what ways will the large volume of EPDs affect lenders and servicers?

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November 12, 2020

2021 Predictions From Originators

By Brad Finkelstein from National Mortgage News

NMN checked in with leaders in the origination to make their predictions for the year ahead. National Mortgage News interviewed ACES Quality Management CEO, Trevor Gauthier to learn more about the 2021 outlook and how forbearances can lead to an increase early payment defaults and potentially foreclosures.

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November 09, 2020

Trevor Gauthier of ACES Quality Management on Early Payment Defaults

MBA NewsLink | Nov 9, 2020

MBA NEWSLINK interviews ACES Quality Management CEO, Trevor Gauthier. Topics cover early payment default, CARES Act compliance and affects on servicing qc, digital closing and much more.

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July 29, 2020

Lenders shouldn't waiver on monitoring early payment defaults

National Mortgage News | July 29, 2020 | by Phil McCall

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June 22, 2020

ARMCO: Year over Year Trends Show ‘Marked Improvement’ in Critical Defect Rates

ACES Risk Management, Denver, released its quarterly ARMCO Mortgage QC Trends Report, showing critical defect rates improved from the fourth quarter to the first and in 2019 overall.

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June 08, 2020

How the coronavirus created new compliance headaches

The COVID-19 pandemic has brought about the largest global disruption of our lifetime, and how credit unions respond during this upheaval will define the industry for generations to come.

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April 21, 2020

From Compliance Through Quality Control: Reducing Risk With ACES Consumer

By staff at

Denver-based ARMCO has been helping leading financial institutions nationwide automate and understand quality control in their lending processes for more than two decades. The Colorado company has now refined its experience into the ACES Consumer platform, an enterprise quality control solution that addresses opportunity for peak performance in auditing and optimizing consumer and mortgage lending and account opening.

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April 06, 2020

Examining the COVID-19 Effect on Compliance

Expert Perspectives: ARMCO’s Director of Compliance, Kacey Olson

  • How has regulatory response to COVID-19 affected financial institutions?
  • What risks will financial institutions face as a result of COVID-19?
  • What impact has COVID-19 had on mortgage lending?

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