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. While specifics regarding the changes remain to be seen, the teaser serves as a warning for lenders to shore up their current pre-funding QC program to ensure they are ready to meet the new standards.
Tag: ACES Quality Management
Industry Briefs Oct. 6, 2022: HUD Allocates $28M to Fight Housing Discrimination
HUD announced $28,625,000 available to fair housing organizations across the nation working to fight housing discrimination. The funds will support a variety of activities, including fair housing education and outreach, testing and enforcement, through the Department’s Fair Housing Initiatives Program.
Sponsored Content from ACES Quality Management: Profit Retention Strategies for Quality Control Operations
Proper quality control reporting can be a compass for lenders in creating efficient and profitable mortgage businesses.
Sponsored Content from ACES Quality Management: Profit Retention Strategies for Quality Control Operations
Proper quality control reporting can be a compass for lenders in creating efficient and profitable mortgage businesses.
Sponsored Content from ACES Quality Management: Profit Retention Strategies for Quality Control Operations
Proper quality control reporting can be a compass for lenders in creating efficient and profitable mortgage businesses.
Sponsored Content from ACES Quality Management: Profit Retention Strategies for Quality Control Operations
Proper quality control reporting can be a compass for lenders in creating efficient and profitable mortgage businesses.
Sponsored Content from ACES Quality Management: Profit Retention Strategies for Quality Control Operations
Proper quality control reporting can be a compass for lenders in creating efficient and profitable mortgage businesses.
Industry Briefs Sept. 16, 2022: HUD Announces $12.5 Million Funding Opportunity to Expand Access to Affordable Homeownership
HUD announced availability of $12.5 million through the Self-Help Homeownership Opportunity Program for eligible national and regional non-profit organizations and consortia with experience providing or facilitating self-help housing opportunities.
Critical Defect Rate Falls for 2nd Straight Quarter
ACES Quality Management, Denver, said the overall critical defect rate declined for the second straight quarter despite a more challenging mortgage lending environment.
Industry Briefs Aug. 5, 2022: Fannie Mae Survey Cites Cost-Cutting as Top 2022 Business Priority
Fannie Mae, Washington, D.C., said mortgage lenders appear to be adapting their business priorities to meet what they believe are a new set of challenges, including weakened mortgage demand and rising rates.