ACES News
Follow ACES Announcements, Media Coverage, and Conference Schedule
Follow ACES Announcements, Media Coverage, and Conference Schedule
DENVER, Colo., May 18, 2021—ACES Quality Management™ (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the launch of ACES CONNECT™, as well as the addition of 30 integrated vendor partners into ACES Quality Management & Control™ software as part of its spring product release.
Click here to readMBA NewsLink| April 15, 2021 | Nick Volpe
“Those who cannot learn from history are doomed to repeat it.” – George Santayana. This precept has a variety of appropriate applications, though none may be more relevant for mortgage lenders than in the area of critical defects. Given the necessary delay that must precede the analysis of post-closing data, it is easy to forget the significance of these findings. However, mistakes made in the past often do not remain so, especially when those mistakes go unaddressed.
Click here to readCUNA | March 29, 2021 | by Amanda Phillips, EVP of Compliance, ACES Quality Management
According to the latest survey from Cornerstone Advisors, mortgage and auto loans are No. 1 and 2 on credit union executives’ list of lending priorities for 2021, and it’s easy to see why. Auto lending has always formed the core of credit unions’ consumer lending strategy. Even with mortgage interest rates rising from 2020’s historic lows, rates are still low enough to encourage purchase business in 2021. However, when the goal is lending growth, prepare to manage the associated risk of loan defects.
Click here to readHousingWire | March 24, 2021 | Matthew Merlone
Residential lending professionals today are being tasked to weather one storm after another. Between the complications brought on by the COVID-19 pandemic, the recent avalanche of volumes in this refinance market and changing leadership in the White House, lenders should anticipate an increased focus on compliance in 2021.
DENVER, Colo., March 18, 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 third quarter (Q3) of 2020. The latest report provides an analysis of post-closing quality control data derived from ACES Quality Management & Control Software™.
Click here to readDENVER, Colo., March 3, 2021—ACES Quality Management™ (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced it has been included in the 2021 HousingWire Tech100 Mortgage list, featuring the most innovative and revolutionary companies in the mortgage industry. This is the seventh consecutive year ACES has been included on the Tech100 list.
Click here to readAmanda Phillips, ACES EVP of Compliance, joins the Consumer Lending Focus Group at the upcoming CMA virtual conference. Whether you know you are making consumer loans, or worry that you might be, this focus group is for you.
Click here to readWhen it comes to COVID-19’s impact on the finance industry, the devil is in the details. A look at post-closing quality control data from the second quarter of 2020 reveals another spike in early payment defaults without a clear end in sight. Having increased by nearly 200% compared to pre-pandemic levels, EPDs are also 50% higher than the prior quarter.
Click here to readCertainty was in short supply for much of 2020, but as the calendar turns to 2021, what has become clear is mortgage lending will continue to feel the effects of the COVID-19 pandemic well into the new year.
DENVER, Colo., January 28, 2021—ACES Quality Management™ (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced it has selected Amanda Phillips as executive vice president of compliance. In this role, Phillips will serve a key role in expanding the breadth and depth of ACES’ compliance and regulatory solutions.
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