Editor in Chief Sarah Wheeler sat down with Trevor Gauthier, CEO at ACES Quality Management, to talk about the benefits of tech partnerships and how the company is building a moat around their regulatory and compliance business.
Click here to readComing off a year of thinning origination volume, soaring home prices, rising interest rates and low housing inventory, it’s safe to say 2023 was a challenging year for lenders. It was a year in which mortgage applications hit their lowest level since 1996.
Click here to readMortgage QC software provider ACES Quality Management (ACES) reports that despite challenging market conditions, the company maintained a record growth during the last few years, adding more than a dozen of the leading lenders in the U.S. to its client roster in 2023.
Click here to readAccording to a new press release from ACES Quality Management covering second quarter of 2023, the QC Industry Trends Report found that the critical defect rate of mortgages declined for the third quarter in a row.
Click here to readThe overall mortgage critical defect rate dropped for the third straight quarter to 1.72%, according to the ACES Mortgage QC Industry Trends report for Q2 2023.
Click here to readACES Quality Management, Denver, Colo., reported the critical defect rate for the second quarter of 2023 fell to 1.72%, a 3.37% decrease and the third consecutive quarter of declines.
Click here to readACES Quality Management, Denver, reported the overall critical defect rate for the first quarter of 2023 was 1.78%. That’s down 3.26% from the previous quarter, and the second straight quarter of declines.
Click here to readMortgage manufacturing quality continued to improve during the first quarter, a bright spot in an industry that tolerates a certain level of misrepresentations at times of tight margins and low volume.
Click here to readThe mortgage industry has witnessed its fair share of tribulations and transformations, but its response to those challenges and changes is often a tale of reactiveness.
Click here to readWhile credit unions have been slow to adopt technology in the QC and auditing space, the current market conditions necessitate a strategic approach to quality control and compliance without sacrificing compliance.
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