Follow ACES Announcements, Media Coverage, and Conference Schedule

Article | January 19, 2023

When volumes decline, loan quality must reign supreme

Of course, regulators are not the only ones concerned with loan quality. Within the last year, Fannie Mae updated its QC reporting guidelines, with additional changes expected to come in 2023.

Press release | January 18, 2023

ACES Quality Management expands client base by 22% in 2022

DENVER, Colo., Jan. 18, 2023—ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the company had record growth increasing its client base by 22% amidst significant market volatility. The company also made numerous updates to its ACES Quality Management & Control® software and its free Compliance NewsHub resource, in addition to launching its inaugural ACES ENGAGE conference.

Press release | January 04, 2023

ACES Quality Management’s Trevor Gauthier selected as a 2023 Industry Titan by National Mortgage Professional Magazine

DENVER, Colo., Jan. 5, 2023—ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced that CEO Trevor Gauthier has been selected as an Industry Titan by National Mortgage Professional (NMP) magazine. This award seeks to highlight the individuals that have dedicated their lives to the mortgage industry with confidence, compassion and pride.

Article | December 21, 2022

Q2 Critical Defect Rate up 6%

ACES Quality Management has released the findings of its latest Industry Trends Report for the second quarter of 2022 which found that the overall critical defect rate increased 6% compared to the first quarter of the year, and crossed the 2% threshold for the third time in report history.

The most common reasons cited for borrowers that critically fell behind include loss of income or loss of employment.

Article | December 16, 2022

ACES: Critical Defect Rates Up 6%

ACES Quality Management, Denver, issued its quarterly Mortgage QC Industry Trends Report, showing the overall critical defect rate increased by 6% in the second quarter to 2.05%, crossing the 2% threshold for only the third time in this report’s history.

Article | December 15, 2022

ACES: Rate of Defects in Mortgage Loans Jumped 6 Percent in Q2

The rate of critical defects in mortgage loans post-closing increased 6% in the second quarter, compared with the first quarter, driven in part by “geopolitical and macroeconomic events,” according to the lates ACES Quality Management Mortgage QC Industry Trends Report.

Press release | December 14, 2022

Critical Defect Rates Rose 6% in Q2 2022 Per ACES Quality Management Mortgage QC Industry Trends Report

DENVER, Colo., Dec. 15, 2022—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 second quarter (Q2) of 2022. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.

Press release | December 07, 2022

ACES Quality Management Upgrades ACES CONNECT® to Enhance Communication, Collaboration on Quality Control Findings

DENVER, Colo., Dec. 8, 2022—ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced it has enhanced its proprietary ACES CONNECT portal to extend its flexibility and user control capabilities. This enhancement allows ACES administrators to create custom user roles and assign permissions for those roles to fit the needs of their organization. Users can build roles based on granular permissions related to the loan and exception communication process, thus simplifying group management and settings within the portal through the ACES Quality Management & Control® software platform.

Article | October 27, 2022

Changes to Fannie Mae’s Pre-Funding QC Requirements are on the Horizon. Are You Ready?

As industry headlines and first-hand experience has demonstrated, market change is underway. However, market conditions aren’t the only thing showing signs of change. At the recent Mortgage Bankers Risk Management, Quality Assurance and Fraud Prevention conference, Fannie Mae hinted at forthcoming changes to its pre-funding quality control requirements.

Article | October 05, 2022

Mortgage servicing fintech Valon beefs up compliance tracking

Digital mortgage-servicing platform Valon will use ACES' quality management and control software to handle compliance efforts.