ACES News

Follow ACES Announcements, Media Coverage, and Conference Schedule

Article | March 27, 2023

ACES: Mortgage Loan Defect Rate Jumped 20.5 Percent During Q2 2022

The 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...

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Article | March 27, 2023

Mortgage loan defects hit new high in 3Q

Critical 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.

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Article | March 24, 2023

3Q Critical Defect Rate Posts Series High

ACES 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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Press release | March 22, 2023

Critical Defect Rate Reaches Report-High in Q3 2022, Per ACES Quality Management Mortgage QC Industry Trends Report

DENVER, Colo., March 23, 2023—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 2022. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.

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Article | March 14, 2023

Quality is key for credit unions to thrive in today's volatile lending market

Credit Union Journal spoke with Amanda Philips, EVP of compliance at ACES Quality Management, about why down cycles are an ideal time for credit unions to shore up their compliance and quality control processes.

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Press release | March 01, 2023

ACES Quality Management Makes Ninth Appearance on HousingWire TECH100 List of Top Mortgage Tech Companies

DENVER, Colo., March 2, 2023—ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has been selected for the ninth consecutive year by HousingWire magazine for its annual TECH100 awards program. The magazine chose ACES for the continual innovation of its flagship quality control (QC) auditing platform ACES Quality Management & Control® software.

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Press release | February 15, 2023

ACES Quality Management Taps Mortgage and Financial Services QC/Risk Experts to Headline 2023 ACES ENGAGE

DENVER, Colo., Feb 15, 2023—ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced its speaker lineup for the upcoming ACES ENGAGE conference, taking place at the historic Broadmoor Hotel in Colorado Springs, May 17 – 19, 2023.

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Article | February 15, 2023

2023 will be a brave new servicing world - Are your defenses ready?

HousingWire recently spoke to Amanda Phillips, executive vice president of compliance at ACES Quality Management, about getting servicing staff and technology ready to meet upcoming regulatory requirements while ensuring quality throughout the life of the loan.

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Article | February 14, 2023

Maximizing Servicing Revenue Requires Stringent QC Processes

Mortgage applications have been on the rise for the last three weeks. As we began the year at record-low applications since 1996, this is some much-needed optimism for the industry. However, 2023 is still expected to be a challenging environment.

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Conference | February 08, 2023

ACES EVP SELECTED TO PRESENT AT THE HUB STAGE AT THE MBA SERVICING CONFERENCE

Award-winning EVP of ACES Quality Management, Sharon Reichhardt, has been selected to present at the HUB Stage during the MBA Servicing Solutions Conference in Orlando, FL on February 22nd at 3:20 PM.

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