Tag Archives: Denver Business

Q3 2020 Critical Defect Rate Hits Five-Year High, According to ACES Mortgage QC Industry Trends Report

DENVER, Colo. /ScoopCloud/ -- 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™.

Notable findings from the Q3 2020 report include:

* The overall critical defect rate of 2.34% represents a marked increase from prior quarters and is the highest observed since ACES began publishing the QC Trends Report in 2016.

* Income/Employment defect share fell, showing positive signs, while manufacturing-related defects grew.

* Record lending volume combined with summer home buying led to an increase in overall purchase share from the prior quarter.

* Conventional loans had a strong market share but slipped in terms of quality in Q3.

* Early Payment Defaults (EPDs) declined in Q3, providing reason to be cautiously optimistic.

"Without a doubt, Q3 2020's critical defect rate was the highest we've seen since ACES began publishing the QC Trends Report in 2016, and while there are multiple factors that attributed to the 25% increase in critical defects, the majority of them were COVID-related," said ACES Executive Vice President Nick Volpe. "Given that many of these factors are still at play, we expect to see continued volatility in defect rates for at least several more quarters. However, we did see a decline in EPDs in Q4 2020 to just 110% of their pre-pandemic levels, which provides a measure of optimism after hitting a 200% increase in Q3."

Findings for the Q3 2020 ACES Mortgage QC Industry Trends Report are based on post-closing quality control data from approximately 100,000 unique loans and are categorized using the Fannie Mae loan defect taxonomy and incorporates data from prior quarters and/or calendar years, where applicable. All reviews and defect data evaluated for the report were based on loan audits selected by lenders for full file reviews.

"Despite record interest rate lows, there was still plenty of volatility in the mortgage markets in 2020, as evidenced by the data from Q3. With the pandemic's end not quite yet in sight, lenders need to remain vigilant of the trends impacting their loan quality," said ACES CEO Trevor Gauthier. "More than ever, the transparency ACES provides lenders into their loan performance as compared to their peers delivers valuable insights that can help these institutions not only identify where they are currently falling short in terms of loan quality, but also highlight areas to watch in the future based on industry trends. That ability to be proactive in mitigating defects and risk cannot be overstated, especially in the midst of market volatility and high volumes."

ACES executives will analyze the findings from the Q3 2020 ACES Mortgage QC Industry Trends Report and offer insights into what lenders can expect in future quarters during a webinar titled, "Insights into Mortgage QC Trends" as part of its on-going QC NOW Web Series. Visit the QC Now website for upcoming registration details.

Mortgage QC Industry Trends Reports are available for download, free of charge, at https://www.acesquality.com/resources/reports.

About ACES Quality Management

ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control Software™ to improve audit throughput and quality while controlling costs, including:

* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;
* 7 of the top 10 loan servicers;
* 11 of the top 30 banks; and
* 1 of the top 3 credit unions in the USA.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit www.acesquality.com or call 1-800-858-1598.

News from ACES Quality Management

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™.

Related link: https://www.acesquality.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Kiosk Manufacturer Association announces 2021 Interactive Kiosk Market Research Report

DENVER, Colo. /ScoopCloud/ -- The Kiosk Association announces the release "U.S. Self-Service Kiosks" market research report. 134 pages and 34 graphics covering Market Drivers for the unattended self-service kiosk market. For purposes of kiosk and interactive signage markets, the ATM, Vending and hybrid POS self-checkouts such as Walmart are not prime weighted factors.

The report is available by contacting any of the Kiosk Association gold sponsors. It is also available for sale by Research and Markets research store. Gold sponsors which may be contacted include: Olea Kiosks, Inc., KioWare, Pyramid Computer, Frank Mayer and Associates, Inc., Nanonation, KIOSK Information Systems, Kiosk Group, Vispero, Zebra, AUO, 22Miles, Honeywell, and LG Electronics Business Solutions.

ADA Accessibility News from Kiosk Association

- Free Regulatory Checklist for Kiosks - 14 Point Checklist ADA, Accessibility and PCI.

- US Access Board Free Seminar Reviewing Revised 508 Standards, Requirements for Hardware and Software and Interactive Terminals Kiosks

- Kiosk Association holds our second call this year with US Access Board prior to that seminar.

PCI Compliance and EMV Compliance

The Kiosk Association is conducting a poll on the direction of EMV deployments. We recommend all new deployments include EMV and Contactless. The target should be PCI-PTS v5 devices. Several RFPs have specified v3 which will only require replacing in a year. Worth noting a large segment is continuing with mag stripe only. Let us know what you think - take the poll. 30 seconds, one question and no registration required.

Questions - Contact Craig Keefner | craig@kma.global | 720.324.1837 m (text or call)

About the Kiosk Association:

Based in Colorado the Kiosk Association or KMA has served the unattended self-service kiosk market since 1995. We lead the effort to optimize self-service engagements and outcomes using technology such as kiosks, digital signage and displays, service, monitoring, and touchscreens.

ADA Accessibility and PCI EMV Compliance are the primary regulatory focus for the KMA. KMA is a Participating Organization with the PCI SSC. For ADA, the KMA meets annually with U.S. Access Board on accessibility standards for unattended. Additional market coverage includes digital signage, interactive digital, retail automation, Point-of-Sale and smart city.

The Kiosk Association is available on https://kioskindustry.org/ and https://kma.global/.

See us on LinkedIn: https://www.linkedin.com/company/kioskindustry/

News from Kiosk Manufacturer Association

The Kiosk Association announces the release "U.S. Self-Service Kiosks" market research report. 134 pages and 34 graphics covering Market Drivers for the unattended self-service kiosk market.

Related link: https://kioskindustry.org/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ScoopCloud Newswire

Denver-Based Plastic Surgeon and Founder of BEAUTY by BUFORD Presents ‘The Boob Job Bible: Your Ultimate Guide to Breast Surgery’

DENVER, Colo. /ScoopCloud/ -- Board-certified Denver plastic surgeon Dr. Gregory Buford is excited to announce the publication of his latest book, "The Boob Job Bible: Your Ultimate Guide to Breast Surgery." This seminal text approaches the topic of breast enhancement in an informal but educational manner, making the subject of breast augmentation accessible and interesting to all.

Dr. Buford's hope is for The Boob Job Bible to be an informative resource for anyone seeking breast enhancement and for it to clear up the many questions, mistruths, and fables that women have encountered across the internet, through their friends, and even from medical providers. If you're thinking of augmenting your breasts with implants, you're joining scores of happy, fulfilled women on this journey.

There are many nuances that go into finding an outstanding surgeon, including choosing the right implants, timing your procedure, and ensuring a safe and healthy recovery. Whether you're just now familiarizing yourself with the term "breast augmentation" or you're well on your way to choosing implants, The Boob Job Bible is an invaluable resource.

According to Dr. Buford: "In the past, breast enhancement has been somewhat of a taboo subject, but this is no longer the case. Now, women from all walks of life are joining the long list of satisfied patients who have undergone breast augmentation to enhance their appearance and increase their confidence.

"Without your support, all of us at BEAUTY by BUFORD would never have accomplished everything we have accomplished over the last 20 years. And so I humbly dedicate this book to all of our wonderful patients who have made us who we are today. We hope you enjoy the expertise throughout this book. Thank you!"

You can download your own complimentary copy of this book on the BEAUTY by BUFORD website here: https://www.beautybybuford.com/the-boob-job-bible-guide-breast-enhancement/

Or purchase your own copy from Dr. Buford here: https://www.amazon.com/dp/B08X84J6Y4?ref_=pe_3052080_397514860

About Dr. Buford:

As an experienced authority in the area of breast revision surgery, board-certified plastic surgeon Dr. Gregory Buford specializes in non-invasive and cosmetic plastic surgery procedures that empower his patients and community to look and feel their best. A nationally recognized expert and trainer, Dr. Buford has performed more than 4,000 breast-related procedures over his career and has worked with patients from all over the world. Dr. Buford's practice, BEAUTY by BUFORD, is located at 10459 Park Meadows Drive, Lone Tree, CO, 80124; (303) 747-6719.

Media contact: Gregory Buford, MD, FACS - BEAUTY BY BUFORD - (303) 747-6719

News from Beauty By Buford

Board-certified Denver plastic surgeon Dr. Gregory Buford is excited to announce the publication of his latest book, "The Boob Job Bible: Your Ultimate Guide to Breast Surgery."

Related link: https://www.beautybybuford.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ACES Quality Management Makes HousingWire Tech100 List of Most Innovative Mortgage Technology Companies for Seventh Consecutive Year

DENVER, Colo. /ScoopCloud/ -- 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.

This year, HousingWire recognized ACES' response to the COVID-19 pandemic, as well as the overall efficiencies delivered by its flagship product ACES Quality Management and Control Software™. In early 2020, ACES created a new question set category within its platform so that users could quickly and easily find all of the temporary regulatory provisions issued by state and federal agencies and the GSEs in response to COVID-19. In addition, ACES' pre-funding, post-closing and servicing audit pack, as well as its reporting dashboard and managed questions, have helped lenders reduce their audit turn times from five to 1.5 days, saving roughly 16 FTE hours per month.

"At ACES Quality Management, our goal is to ease the burden for our customers meeting regulatory demands by keeping our compliance database and managed question sets as up-to-date as possible while also delivering an intuitive, streamline user interface that makes loan auditing a breeze," said ACES CEO Trevor Gauthier. "We are relentlessly focused on creating solutions to providing lenders with best-in-class quality control functionality, and we're incredibly thankful to HousingWire for honoring those efforts by including ACES on this year's Tech100 list."

According to the publication, "The Tech100 program provides housing professionals with a list of the most innovative and impactful companies that can be leveraged to identify partners and solutions to the problems that mortgage lenders and real estate professionals face everyday...For the second year in a row, the Tech100 program was divided into the HW Tech100 Mortgage and the HW Tech100 Real Estate to highlight the innovation and achievements of organizations within both sectors."

"After the uncertainty and unpredictability of last year, we expected a greater adoption of technology. However, these 100 real estate and mortgage companies took digital disruption to a whole new level and propelled a complete digital revolution, leaving a digital legacy that will impact borrowers, clients and companies for years to come," said Brena Nath, HousingWire's HW+ Managing Editor. "Knowing what these companies were able to navigate and overcome, we're excited to announce this year's list of the most innovative technology companies serving the mortgage and real estate industries."

To view the complete list of the 2021 HW Tech100 Mortgage winners, visit https://www.housingwire.com/articles/introducing-the-2021-hw-tech100-mortgage-winners/.

About HousingWire

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to Move Markets Forward. Visit https://www.housingwire.com or https://www.housingwire.com/advertise/ to learn more.

About HW Media

HW Media aspires for audiences to "Come for the content, and stay for the community." By aligning vertical expertise and innovative B2B marketing solutions, HW Media answers the ever-evolving needs of modern professionals, brands and marketers. With a premium suite of advertising solutions, HW Media builds upon this principle, improving reader experience and delivering brand results. Based in Dallas with team members across the country, HW Media was founded in 2016 through the acquisition of HousingWire and is owned by Riomar Capital, an entrepreneurial investment firm.

About ACES Quality Management

ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control Software™ to improve audit throughput and quality while controlling costs, including:
* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;
* 7 of the top 10 loan servicers;
* 11 of the top 30 banks; and
* 1 of the top 3 credit unions in the USA.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.acesquality.com/ or call 1-800-858-1598.

News from ACES Quality Management

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.

Related link: https://www.acesquality.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Kiosk Industry Association (KMA) Announces New ADA Accessibility and EMV Initiatives

DENVER, Colo. /ScoopCloud/ -- The Kiosk Association announces initiatives for Kiosk EMV and Kiosk ADA.

EMV Initiative - As a Participating Organization with the PCI SSC, KMA encourages deployment of EMV devices (PCI certified) for CATs (Cardholder Activated Terminals). The problem has been companies attempting to try and reposition web non-EMV shopping carts into a self-order terminal using just a standard magstripe reader.

On ADA Accessibility - to kick off the new initiative the Kiosk Association has released a free 14 Point Kiosk ADA Checklist. This is a distillation of the Kiosk ADA Framework (Mandatory + Code of Practice) released to U.S. Access Board in 2019.

The initiative follows U.S. Access Board conference call in January introducing new Executive Director. A follow-up call in March is set. The intent of our initiative is to properly align the initial design process so that by default accessibility is accommodated, and not reduced to potential options dismissed or not explored. Like EMV, this also is impacted by casual relocation of web ordering which has not been optimized for accessibility onto self-service terminals.

See https://kioskindustry.org

News

* NRF National Retail Federation -- KMA will be exhibiting at Virtual NRF 2021 Chapter Two as well as returning to New York in January 2022 as an exhibitor at the physical tradeshow.

* Kiosk Market Report Release - The 2021 Edition of the Kiosk Market Research Report is scheduled for March 1st. Over 140 pages of market breakdowns by vertical with detailed company participant profiles and information. MSRP is currently $6000

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*LOGO link for media: https://www.Send2Press.com/300dpi/20-0315s2p-kioskma-300dpi.jpg

News from Kiosk Manufacturer Association

The Kiosk Association announces initiatives for Kiosk EMV and Kiosk ADA. EMV Initiative - As a Participating Organization with the PCI SSC, KMA encourages deployment of EMV devices (PCI certified) for CATs (Cardholder Activated Terminals).

Related link: https://kioskindustry.org/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ACES Quality Management Recruits Mortgage Compliance Expert Amanda Phillips as Latest Executive Vice President

DENVER, Colo. /ScoopCloud/ -- 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.

"Compliance is a key pillar of the ACES value proposition, and with the onslaught of regulatory changes the industry experienced over the last year, the need for experienced compliance professionals to help keep pace with these changes only grows," said ACES CEO Trevor Gauthier. "Amanda Phillips possesses more than a decade of executive-level experience in legal and regulatory compliance. Her understanding of the mortgage industry and depth of compliance experience will greatly enhance ACES' ability to ensure lenders are always auditing to the most current compliance standards, while also assisting in bringing new products to market."

Phillips most recently served as of counsel with Ballard Spahr, LLP, where her responsibilities included advising clients on the federal and state regulatory requirements governing mortgage lending, software, mortgage documents, business processes and practices. Prior to joining Ballard Spahr, she spent six years as in-house counsel and executive vice president of legal and regulatory compliance for Accenture Mortgage Cadence and an additional five years as senior vice president and director of compliance for a national mortgage lender.

"Early in my career, I held multiple operations roles, including in processing and underwriting, which instilled in me the importance of compliance and quality control in the loan origination process," said Phillips. "Today, I am honored to join ACES Quality Management and look forward to doing my part to support ACES' commitment to delivering enterprise quality management and control software that helps lenders mitigate risk and maintain compliance."

About ACES Quality Management

ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control Software™ to improve audit throughput and quality while controlling costs, including:

* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;
* 7 of the top 10 loan servicers;
* 11 of the top 30 banks; and
* 1 of the top 3 credit unions in the USA.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment.

For more information, visit https://www.acesquality.com/ or call 1-800-858-1598.

News from ACES Quality Management

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.

Related link: https://www.acesquality.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ACES Quality Management Charitable Giving Program Makes Impact For Third Consecutive Year

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management™ (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the latest results of its ACES CARES philanthropic campaign and matching gift program. The campaign raised funds for 11 contributors and includes donation matching per employee with an additional amount donated to the top three charities of the overall team's choosing.

"The past year has upended the lives of so many people. Our core values included being exceptional, passionate and leading; and this year it's more important than ever to do as much good as possible," said ACES CEO Trevor Gauthier. "With many still grappling with the effects of the pandemic and an increasingly challenging year, ACES remains focused on expanding the ways we serve not only the financial industry, but also the community at-large through positive change."

Established in 2018, ACES CARES encourages employees to make a positive difference in the community through volunteering, outreach and financial contributions to charities and causes close to their hearts. Since the program's inception, ACES Quality Management and its staff have donated a total of $22,747 to 73 organizations through ACES Cares, with this year's causes including hunger relief, equality, homeless assistance and animal welfare to name a few. Offering a dollar-for dollar match of employee donations to U.S.-registered 501(c)(3) charitable organizations of their choice, the program also supports employees' wellness and community involvement programs.

To learn more about ACES CARES and see how ACES team members are impacting their communities with positive change, visit https://www.acesquality.com/about/careers/aces-cares

About ACES Quality Management

ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control Software™ to improve audit throughput and quality while controlling costs, including:

* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;

* 7 of the top 10 loan servicers;

* 11 of the top 30 banks; and

* 1 of the top 3 credit unions in the USA.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit www.acesquality.com or call 1-800-858-1598.

News from ACES Quality Management

ACES Quality Management™ (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the latest results of its ACES CARES philanthropic campaign and matching gift program.

Related link: https://www.acesquality.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Critical Defect Rate Highest Since 2018, Per ACES Quality Management Q2 2020 Mortgage QC Trends Report

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management(TM) (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 second quarter (Q2) of 2020. The latest report provides an analysis of post-closing quality control data derived from ACES Quality Management & Control Software(TM).

Notable findings from the Q2 2020 report include:

* The overall critical defect rate of 1.88% is the highest quarterly rate since 2018.

* Defect increase was driven primarily by a 64% increase in the Income/Employment category.

* While defects were down in the overall majority of categories, three of the four key borrower qualification categories saw significant defect rate increases compared to Q1 2020.

* The share of conventional and refinance loans continues to skyrocket.

* Early Payment Defaults (EPD) increased 197% through Sept 2020 compared to last year.

"While evidence of COVID-19's impact on loan quality was present in the Q1 data, Q2 is where 'The COVID Effect' becomes truly apparent, resulting in the highest critical defect rate observed since Q4 2018," said ACES Executive Vice President Nick Volpe. "One of the biggest drivers of this increase was the rise in Income/Employment-related defects - a wholly unsurprising outcome given the challenges nearly all employers faced in transitioning to a remote working environment."

"In many respects, the mortgage industry and the world at large remain in a "wait-and-see" mode. As such, we expect higher than normal volatility in the critical defect rate for the remaining quarters of 2020 and into 2021, though loan volumes should remain high next year thanks to the ongoing low-interest-rate environment," Volpe added.

Findings for the Q2 2020 ACES Mortgage QC Industry Trends Report are based on post-closing quality control data from over 90,000 unique loans and are categorized using the Fannie Mae loan defect taxonomy. All reviews and defect data evaluated for the report were based on loan audits selected by lenders for full file reviews.

"We are still seeing a tremendous increase overall in EPDs as compared to 2019, making it too early to predict when EPDs will peak. Any continued rise is likely to exacerbate long-term default and loss rates, signaling that lenders must remain vigilant of the risks this might pose to their organizations," said ACES CEO Trevor Gauthier. "By increasing visibility into loan quality and introducing functionality specifically designed to accommodate the COVID-related changes to compliance regulations, ACES arms lenders with powerful quality control technology needed to manage that risk as they approach the great unknowns of the year ahead."

ACES executives will analyze the findings from the Q2 2020 ACES Mortgage QC Industry Trends Report and offer insights into what lenders can expect in future quarters during a webinar titled, "Insights into Mortgage QC Trends - First Signs of the COVID Effect," as part of its on-going QC NOW Web Series. To sign up for January 14, 2021 webinar, click here.

Mortgage QC Industry Trends Reports are available for download, free of charge, at https://www.acesquality.com/resources/reports.

About ACES Quality Management

ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control Software(TM) to improve audit throughput and quality while controlling costs, including:

* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;

* 7 of the top 10 loan servicers;

* 11 of the top 30 banks; and

* 1 of the top 3 credit unions in the USA.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit www.acesquality.com or call 1-800-858-1598.

News from ACES Quality Management

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 second quarter (Q2) of 2020.

Related link: https://www.acesquality.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Colorado Doctors of Optometry Encourage Eating Nutrient Dense Foods This Holiday Season

DENVER, Colo. /ScoopCloud/ -- Doctors of optometry across Colorado, 2020 Eyes Colorado, and the Colorado Optometric Association (COA) are addressing nutrition and eye health in the December awareness theme Eating Your Way to Better Eye Health.

This holiday season Coloradan's can eat their way to better eye health by simply incorporating nutrient dense foods. Optometrists know that good eye health often starts with nutrition.

If an individual is nutritionally lacking in one area, it can create a snowball effect of health issues. "We can use nutrition to improve our eye health on a daily basis by choosing optimal foods to support our eyes. We can even incorporate these choices throughout the holiday season without skipping our holiday favorites. Remember moderation is key!" says Dr. Tom Cruse, Colorado Optometric Association Board President.

Colorado doctors of optometry agree that you should aim for eye health nutrition such as Omega-3 Fatty Acids, Lutein, Zeaxanthin, Zinc, Copper and Vitamins A, C, E & K.

View full story here and the key nutritional recommendations from optometrists: https://2020eyescolorado.org/holiday-edition-eating-your-way-to-good-eye-health/.

Learn about these four nutritional areas that can improve eye health:

* Reducing Inflammation with Cruciferous Vegetables

* Harnessing the Power of Lutein and Zeaxanthin

* Carotenoids and Vitamin A: Allies for Eye Health

* THE Omega-3 Fatty Acids!

About the Colorado Optometric Association (COA):

The Colorado Optometric Association (COA) is the professional organization of optometrists in Colorado. Over 600 Colorado Doctors of Optometry are voluntary members of the Association. COA has also launched a public health campaign called 2020 Eyes Colorado - http://2020eyescolorado.org/.

Since 1892, the COA has assisted its members in providing the highest standard of professional care to their patients by sponsoring continuing education programs for doctors, advocating in local and state governments for programs and laws that represent patients' best interests, and providing information for the public. For more information, please visit http://www.visioncare.org/ or call 303-863-9778.

News from Colorado Optometric Association

Doctors of optometry across Colorado, 2020 Eyes Colorado, and the Colorado Optometric Association (COA) are addressing nutrition and eye health in the December awareness theme Eating Your Way to Better Eye Health.

Related link: https://colorado.aoa.org/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ACES Quality Management Makes Key Loan Audit Platform Upgrades to Elevate User Experience for Lending Institutions

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management(TM) (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of several key features and enhancements to its ACES Quality Management & Control Software(TM). The updates are designed to improve reporting through the system and create a highly customizable, easy-to-use experience.

Commonly reported data is now readily available for reporting directly in the ACES user interface (UI) through a library of standard reports. With a simpler, yet flexible and intuitive user experience and more options to customize their ACES environments, users can quickly and easily create their own reports or modify default reports to drill down on specific data points, as well as apply filters, sort columns and set order preferences.

"With higher loan volumes comes a higher risk of compromises to loan quality, increasing the need to utilize technology that mitigates risk while boosting productivity and quality," ACES CEO Trevor Gauthier said. "The newest enhancements to ACES' user interface and reporting functionality are part of our ongoing strategic initiative to improve direct access to live data. Whether lenders need to quickly distribute reports or better understand their productivity, ACES improves their efficiency while providing better control over quality and costs."

In addition, ACES has updated the look and feel of its UI to align the aesthetic elements of the ACES Quality Management & Control Software with the company's recent rebrand while maintaining the same core functionality and data analysis capabilities familiar to ACES users. The new and improved layout features independently scrolling sections, drag-and-drop items, improved menu navigation and simplification of users' ability to brand their environments. Upgrades to the UI and reporting were driven by client research and feedback from ACES users.

"Soliciting user feedback is an invaluable step in our process of continuously adapting our system to fit lenders' ever-changing needs," Gauthier said. "We strive to continue delivering the most flexible technology on the market for improving audit efficiency, boosting team productivity and helping lenders make better-informed decisions across lines of business, and in service of that goal, ACES invested in a team whose sole purpose is to continuously modernize our technology and improve the user experience."

About ACES Quality Management

ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry.

The nation's most prominent lenders, servicers and financial institutions rely on ACES Audit Quality Management & Control Software(TM) to improve audit throughput and quality while controlling costs, including:

* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;

* 7 of the top 10 loan servicers;

* 11 of the top 30 banks; and

* 1 of the top 3 credit unions in the USA.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.acesquality.com/ or call 1-800-858-1598.

News from ACES Quality Management

ACES Quality Management (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of several key features and enhancements to its ACES Quality Management & Control Software. The updates are designed to improve reporting through the system and create a highly customizable, easy-to-use experience.

Related link: https://www.acesquality.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

#2020EyesColorado Youth Art Contest Winners Announced

DENVER, Colo. /ScoopCloud/ -- 2020 Eyes Colorado and the Colorado Optometric Association (COA) announce the winners of the #2020EyesColorado First Annual Youth Art Contest. Students grades 1-12 were invited to submit 2D artwork while reflecting on the value of their eyesight through the theme, A Beautiful Sight. The goal of the competition was to engage Colorado students in understanding the value of their eyes and their own eye health. The COA sponsored public health campaign, 2020 Eyes Colorado, seeks to increase eye health awareness throughout Colorado communities.

The contest launched in January of 2020 and due to the pandemic school shutdowns, the entry deadline was extended to October 15, 2020.

More than 170 Colorado students submitted paintings, drawings, digital art, and photography from all over the state. Many participants shared powerful insights on vision that will inspire other students to understand the value of their own vision.

Angelina Blanco, Grandview High School Senior and winner of her age group says, "To see is to experience the world in all its beauty. Without my vision, I wouldn't be able to witness sunsets, rainbows, or the smiles on others' faces-my biggest inspirations."

One winner from each age group was selected based on scoring from the judging panel. Prizes include a $200 donation to each winner's school, the high school winner receives an iPad Pro, the middle school winner receives a SketchBox Premium Subscription, and the elementary winner receives a Green Kids Craft Subscription Box.

The #2020EyesColorado Artist Award Recipients*

Winner Grades 9-12:
Angelina Blanco, Grandview High School

Winner Grades 6-8:
Sophia Orishev, Campus Middle School

Winner Grades 1-5:
Maxim Furmanov, Greenwood Elementary School

*View artwork submissions and the complete list of winners and honorable mentions here - https://2020eyescolorado.org/art-contest/

Entries were scored by local Colorado artists; Matthew Lit, photographer, designer and educator; Alexis Davina, fine arts and portraiture; Julie Babcock, artist of unusual mediums; and Dr. Matt Buchanan, a local optometrist and COA Board Member.

"The level of creativity and depth of thought that these young artists put forth in their entries, is so inspiring. What an immense privilege it was to be on the panel of judges," said Alexis Davina.

Matt Litt explains, "I was continually surprised by the uniqueness and creativity of so many of the entries - especially from the younger artists! Many entries spoke of an inherent artistic ability. What a great experience this has been."

"What an honor to look at so much beautiful creativity and art! It was exciting to see all the different ideas and themes relating to their individual seeing experiences. What a pleasure," noted Julie Babcock.

Stay tuned for the #2020EyesColorado Second Annual Youth Art Competition in 2021.

About the Colorado Optometric Association (COA):

The Colorado Optometric Association (COA) is the professional organization of optometrists in Colorado. Over 600 Colorado Doctors of Optometry are voluntary members of the Association. COA has also launched a public health campaign titled 2020 Eyes Colorado - https://2020eyescolorado.org/.

Since 1892, the COA has assisted its members in providing the highest standard of professional care to their patients by sponsoring continuing education programs for doctors, advocating in local and state governments for programs and laws that represent patients' best interests, and providing information for the public. For more information, please visit http://www.visioncare.org/ or call 303-863-9778.

News from Colorado Optometric Association

2020 Eyes Colorado and the Colorado Optometric Association (COA) announce the winners of the #2020EyesColorado First Annual Youth Art Contest. Students grades 1-12 were invited to submit 2D artwork while reflecting on the value of their eyesight through the theme, A Beautiful Sight. The goal of the competition was to engage Colorado students in understanding the value of their eyes and their own eye health.

Related link: https://colorado.aoa.org/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Beverage Metrics Announces Launch of Next Generation Beverage Management System for the Hospitality Industry

DENVER, Colo. /ScoopCloud/ -- Beverage Metrics®, an emerging Colorado-based beverage management technology company for the hospitality industry, today announced the launch of its next generation beverage management inventory tracking system. The new system provides operators with a comprehensive tool to track, manage and reduce excessive costs associated with their beverage program.

Created for the hospitality industry, the Beverage Metrics system helps track an operator's bar inventory and simplifies order management with suppliers. The system also provides beverage pour monitoring functionality which enables real-time, perpetual inventory, a significant need in an operator's ability to track shrinkage and bar inventory costs.

"Keeping a weekly or monthly inventory gives an operator a clear picture of what's on hand, what they are running out of or what's not selling," said company CEO, Dan Grimm. "Comparing this to what was sold gives operators a key metric - the variance between sold and consumed. This POS-based perpetual inventory has been the cornerstone of beverage management for the past decade. Add real-time pour depletions from our state-of-the-art pour monitoring system and it's a game changer."

In 2019, Beverage Metrics brought aboard two co-founders (Dan Grimm and Dean Grimm) from AccuBar®, the beverage management industry leader for the last fifteen years, to lead development of their all-new beverage management system. These well-regarded hospitality veterans, each with over twenty years' experience in the industry, completely reimagined the Beverage Metrics' system, providing increased functionality while leveraging the latest development technologies.

Features of the new system include:

* Quick, easy and accurate inventory using barcodes and patent-pending bottle profiles along with product images

* Track inventory from point of delivery by single bottle or case(s)

* Automatically track inventory that's moved from storage to a sales location

* System generates and prepares an order recommendation for review and submittal to suppliers

* Beverage Metrics Bottle Sensor provides value whether the container is open or not; other spout-based technologies only work once a bottle is opened

* Pour monitoring functionality automatically depletes poured beverages from on-hand inventory, thus maintaining a real-time, perpetual inventory

* Streamlined POS integration with recipe auto-substitutions

Learn more about the company's solutions at: https://beveragemetrics.com/solutions/

About Beverage Metrics:

Based in Denver, Colo., Beverage Metrics is a next generation beverage management solution for the hospitality industry. Their system helps operators manage product inventory and monitor pouring activities for shrinkage and cost reduction. Beverage Metrics is a member of IDENTEC GROUP AG.

To learn more: https://beveragemetrics.com or email info@beveragemetrics.com.

About IDENTEC GROUP AG

IDENTEC GROUP AG is a leading global provider of wireless sensing solutions. IDENTEC GROUP AG identifies, measures, tracks and traces assets along the entire value chain and supply cloud-based information. IDENTEC GROUP AG offers as a one-stop shop all relevant products (consultancy, software, hardware, service). Solutions elaborated by their group have assisted numerous companies in various sectors all over the world to increase their efficiency, effectiveness and as a result, their competitiveness. Learn more at: http://www.identecgroup.com/

IMAGE LINKS FOR MEDIA:

[1] https://www.Send2Press.com/300dpi/20-1015s2p-bevmetrics-bottle-300dpi.jpg

Caption: Beverage Metrics' 3D Profile utilizes real bottle images and an easy-to-use slider to set bottle fill level for the most accurate inventory system in the industry.

[2] https://www.Send2Press.com/300dpi/20-1015s2p-bevmetrics-logo-300dpi.jpg

@beveragemetrics #beveragemanagement #beveragemanagementhospitality #barinventory

News from Beverage Metrics Inc.

Beverage Metrics, an emerging Colorado-based beverage management technology company for the hospitality industry, today announced the launch of its next generation beverage management inventory tracking system. The new system provides operators with a comprehensive tool to track, manage and reduce excessive costs associated with their beverage program.

Related link: https://beveragemetrics.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Colorado Doctors of Optometry Announce Public Health Initiative to Keep Eye Emergencies Out of Emergency Rooms This Winter

DENVER, Colo. /ScoopCloud/ -- Doctors of optometry across Colorado, 2020 Eyes Colorado, and the Colorado Optometric Association (COA) have launched an October awareness initiative to educate Coloradans on Eye Emergencies: Where to Go and What to Do. This health information is currently important for Colorado communities and populations vulnerable to COVID-19 as the state approaches a possible surge in COVID-19 cases during winter.

The HPI analysis of Healthcare Cost and Utilization Project (HCUP) data shows that eye emergencies make up 1% of emergency room cases and of those reported cases 98.9% could have been handled by a local optometrist in clinic or via telehealth (*note 1). Many practices offer after hours care to address eye care emergencies making it even easier for patients to avoid emergency rooms.

COA Board President, Dr. Tom Cruse says, "During the March/April shutdown our doctors of optometry were able to stop most eye emergency cases from going to urgent care and emergency facilities, which clearly assisted in slowing the virus spread and reducing individual exposure. As usual, optometrists still have the ability to treat emergency eye cases and we want every Coloradan to know how to use our emergency services for their own health and safety."

The CDC National Syndromic Surveillance Program (NSSP) reported that overall emergency room visits declined 42% early in the pandemic, but the viral infection cases quadrupled making emergency facilities a potential risk for many Coloradans including populations that are more vulnerable to a viral infection (*note 2). Optometry's vulnerable patient population is impacted by diabetes, hypertension and cardiovascular disease, which are known to complicate COVID-19 cases (*note 3).

The October public health initiative is taking place on Facebook, Instagram and Twitter using #2020EyesColorado and at 2020EyesColorado.org. Colorado optometry practices across the state have also geared up to join the initiative on social media to help spread the word in their own communities.

To learn more about what to do in an eye emergency, read the newly released 2020 Eyes Colorado article Eye Emergencies: Where to Go and What to Do! - https://2020eyescolorado.org/eye-emergencies-pr/

You will learn:

* Symptoms that need immediate attention from an optometrist

* Symptoms that need an eye exam soon

* Emergencies an eye doctor can treat and what to do at home

* How to find an optometrist

About the Colorado Optometric Association (COA):

The Colorado Optometric Association (COA) is the professional organization of optometrists in Colorado. Over 600 Colorado Doctors of Optometry are voluntary members of the Association. COA has also launched a public health campaign called 2020 Eyes Colorado.

Since 1892, the COA has assisted its members in providing the highest standard of professional care to their patients by sponsoring continuing education programs for doctors, advocating in local and state governments for programs and laws that represent patients' best interests, and providing information for the public. For more information, please visit http://www.visioncare.org/ or call 303-863-9778.

References
*Note 1: https://www.aoa.org/documents/HPI/HCUP%20HPI%20December_2019.pdf
*Note 2: https://www.cdc.gov/nssp/index.html
*Note 3: https://www.aoa.org/AOA/Documents/Advocacy/HPI/Emergency%20Department%20Diversion%20Brief.pdf

News from Colorado Optometric Association

Doctors of optometry across Colorado, 2020 Eyes Colorado, and the Colorado Optometric Association (COA) have launched an October awareness initiative to educate Coloradans on Eye Emergencies: Where to Go and What to Do.

Related link: https://colorado.aoa.org/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

A Little-known WWI Anniversary Celebrates America’s Humanitarian Roots

DENVER, Colo. /ScoopCloud/ -- On Oct. 22, 1914, less than three months after the start of World War I, one of the largest food-relief programs the world has ever seen was begun when the Commission for Relief in Belgium (CRB) was founded in London by a group of prominent Americans, according to Jeffrey B. Miller, author of a new nonfiction book, "Yanks behind the Lines: How the Commission for Relief in Belgium Saved Millions from Starvation during World War I" (ISBN 978-1538141649; Rowman & Littlefield). The book chronicles the CRB, the CRB delegates, and Belgium under the harsh German rule.

The CRB, working with its counterpart in Belgium, the Comite National (CN), fed nearly 10 million Belgians and northern French behind German lines for four years as the "Great War" took the lives of more than 9 million soldiers. The CRB bought, shipped and delivered food through an English blockade into German-occupied Belgium. Thirty to 50 relief ships were in transit every day. From Rotterdam the food was transferred to more than 300 canal barges and brought into Belgium via its canal system. The food was then distributed by more than 40,000 Belgians working with the CN.

"Americans were enthusiastic supporters of the CRB in 1914. Today few have heard the name, let alone the story," says Miller.

The CRB was founded and led by Herbert C. Hoover, who became known after the war as the "Great Humanitarian," and later became America's 31st president (1929-1933), in part because of his leadership of the CRB and the post-war American Relief Administration (ARA). The privately operated CRB was funded by worldwide donations and government subsidies from America, Britain, France and Belgium and spent nearly $1 billion in 1914 dollars (approximately $25 billion today).

"This was a much more lasting and complex and diplomatically unprecedented initiative than anything that might arise from a temporary crisis," says George H. Nash, Hoover biographer and author of several volumes about him. "The CRB/CN relief effort was organized across the entire country of Belgium; every community was fed, every civilian had to receive assistance. That's what makes the CRB stand apart from everything that came before it in the way of humanitarian intervention."

Ultimately, the CRB also helped change the way Americans saw themselves and how the world saw America.

"The CRB is significant to everybody who cares about humanitarian relief because it was a turning point in history," says Margaret Hoover, great-granddaughter of Hoover and host of PBS's Firing Line with Margaret Hoover. "It was the moment where international relief became operationally effective on such a massive scale. Nobody had thought that an individual could take on the feeding of an entire nation in the middle of a world war. This totally transformed what America realized it could do in terms of its own role in the world. America had a role in the world-not only to achieve success and freedom and welfare for its own people, but then it could give back to the rest of the world."

That shift in perspective happened not only in America but around the world. "The good will and humanitarian aid created by the CRB's work-and later by the work of the American Relief Administration after the war-engendered a worldwide feeling that America could be a benefactor of humanitarian aid on a scale never seen before," says Branden Little, scholar of humanitarian relief and professor of history at Weber State University in Ogden, Utah.

For Hoover personally, the CRB meant a transformation from successful mining engineer to a man admired around the world. According to historian Nash, "Hoover became an international hero. How were people becoming heroes in WWI? Mostly as soldiers on the battlefield, or great generals organizing victories on the battlefields, or civilian world leaders. Hoover made his reputation not by killing people or organizing warfare, but by saving people from the consequences of warfare."

About the author, the book, and the publisher:

Based in Denver, Colo., Jeffrey B. Miller is a journalist and public historian who has written three books that were named Best Books of the Year (one with Publishers Weekly, two with Kirkus Reviews). He has spent the last 10 years researching and writing about the CRB, CN, and German-occupied Belgium. "Yanks behind the Lines" summarizes the story of the CRB thematically with chapters dedicated to all the critical issues. Individual personal stories are interwoven into the big picture to create a compelling read about this little-known but hugely important humanitarian program.

Rowman & Littlefield publishes high-quality college texts, entertaining and informative books for general readers, and professional and scholarly books in the humanities and social sciences.

Learn more: https://YanksBehindTheLines.com/

Twitter: @WWICrusaders

MEDIA CONTACT:

Author: Jeffrey B. Miller, 1-303-503-1739, jbmwriter@aol.com

Publisher: Rowman & Littlefield, pr@rowman.com; https://www.rowman.com

MULTIMEDIA:

*VIDEO: 2.5-minute Book Trailer: https://youtu.be/x0u_ijwC2KA

*PHOTO 1: https://www.Send2Press.com/300dpi/20-1009s2p-yanks-cover-300dpi.jpg

*Photo 1 Caption: Front cover for "Yanks behind the Lines" (Rowman & Littlefield) by Jeffrey B. Miller.

*PHOTO 2: https://www.send2press.com/300dpi/20-1009s2p-yanks-elderly-300dpi.jpg

*Photo 2 Caption: Elderly Man Photo: By September 1914, Belgians throughout the country had no choice but to join the soup-kitchen lines as the country quickly consumed its dwindling supplies.

News from Jeffrey B. Miller

On Oct. 22, 1914, less than three months after the start of World War I, one of the largest food-relief programs the world has ever seen was begun when the Commission for Relief in Belgium (CRB) was founded in London by a group of prominent Americans, according to Jeffrey B. Miller, author "Yanks behind the Lines: How the Commission for Relief in Belgium Saved Millions from Starvation during World War I" (ISBN 978-1538141649; Rowman & Littlefield).

Related link: https://YanksBehindTheLines.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ACES Sees Surge in New Clients Through Q3 2020

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced today that it has experienced substantial client growth in 2020, increasing its number of new clients by 15%. Since January, ACES has signed several top 25 lenders, including Thrive Mortgage, Plains Commerce Bank, Strong Home Mortgage, LenderWorks and Fulton Bank, as well as one of the nation's top fintech lenders.

"ACES' recent growth illustrates the ever-present need in the marketplace for quality control automation, one which was underscored by the COVID-19 pandemic, the resulting changes in remote workforces and the potential for loan quality issues stemming from the pandemic, such as early payment defaults," said ACES Quality Management CEO Trevor Gauthier. "As lenders moved to a remote work environment, the ability to securely and easily access technology to power their remote workforce became mission-critical, and thanks to the inherent design of our technology, ACES was prepared to meet that demand and enable lenders to transition their operations accordingly."

"We choose ACES because it is the most flexible audit system in the market," said Amelia Moore, quality control manager at Strong Home Mortgage. "We wanted a true partner to help us automate our post-closing audit workflow, and we have found that with the ACES Quality Management team. ACES has a great reputation for client service and has truly exceeded our expectations."

"Our partnership with ACES has allowed us to innovate and streamline our quality management and control workflows," said Khanh Dang, senior vice president and director of consumer account management and credit operations at Fulton Bank. "ACES continues to be a trusted advisor in our quest for operational excellence."

ACES' flagship product ACES Quality Management and Control Software(TM) provides lenders with a secure, flexible, web-based platform to manage pre-funding, post-closing and servicing audits, enabling organizations to continue processing and auditing loans even with employees working from home. Additionally, the reporting dashboard helps quality control executives better manage audit workflows to maintain productivity levels across a detached workforce. ACES is pre-built with over 60 audit types and thousands of managed questions to help lenders keep up with the rapid change in compliance from federal and state regulators, including temporary authorizations and guidance issued as a result of COVID-19.

"In one way or another, COVID-19 will have a lasting impact on how mortgage lenders and financial institutions operate," Gauthier said. "Though the catalyst for industry change was far from ideal, the renewed and accelerated emphasis on tech adoption to power a more digital lending environment will ultimately benefit both lenders and consumers, and ACES is proud to be amongst the group of industry vanguards leading this shift."

About ACES Quality Management

ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Audit Quality Management & Control Software(TM) to improve audit throughput and quality while controlling costs, including:
* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;
* 2 of the top 5 loan servicers; and
* 2 of the top 5 depository institutions.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit www.acesquality.com or call 1-800-858-1598.

News from ACES Quality Management

ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced today that it has experienced substantial client growth in 2020, increasing its number of new clients by 15%.

Related link: https://www.acesquality.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ACES Quality Management Q1 2020 Mortgage QC Trends Report: EPDs Rising, Critical Defect Rate Hits Three-Year Low

DENVER, Colo. /ScoopCloud/ -- ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced the release of the quarterly ACES Mortgage QC Trends Report. The latest report, which provides nationwide loan quality findings based on data derived from ACES Quality Management and Control Software(TM), covers the first quarter (Q1) of 2020.

Noteworthy findings include:
* Overall critical defect rate of 1.56% matched the lowest rate in three years;
* Defects attributed to the credit and income categories rebounded after climbing higher in Q4 2019;
* Increases in the share of refinances (5%) and conventional loans (2%) contributed to the improvement in the overall defect rate; and
* Early Payment Defaults are on the rise.

"The combination of falling interest rates, employment numbers not yet impacted by COVID-19, and steady property appreciation all contributed to increases in the share of both refinances and conventional loans, which in turn drove the continued decrease in the overall critical defect rate observed in Q1 2020," said ACES Executive Vice President Nick Volpe. "However, the last few weeks of the quarter encompassed the beginning of the COVID-19 pandemic, and given the economic impact of the pandemic on consumers, the number of early payment defaults increased, as one would expect."

"ACES is monitoring this area closely, and the early Q2 data shows the number of EPDs reviewed by lenders through ACES is 75% higher than the average monthly rate of EPD reviews for 2019. Because an EPD review is triggered only when borrowers fall three or more payments behind, this indicates the industry is still in the early stages of the problem, and there is a high likelihood that the number of EPDs will continue to increase," Volpe added.

The Q1 2020 ACES Mortgage QC Industry Trends Report is drawn from nationwide post-closing quality control loan data from over 90,000 unique loans selected for random full-file reviews, as was captured by the company's ACES Quality Management and Control benchmarking system. Defects listed in the report are categorized using the Fannie Mae loan defect taxonomy.

"Amid the chaos and uncertainty driven by COVID-19, data provides a clear path forward for lenders. While the industry's focus has been on managing the near-historic volumes, Q1 loan defect data also indicates that lenders must also turn their attention to the growing problem of EPDs, as this represents a significant operation and financial risk to their organizations," said ACES CEO Trevor Gauthier. "The power of ACES benchmarking functionality is that it allows lenders to utilize their current QC data to see what may lie ahead and respond accordingly to maintain loan quality and manage risk. This kind of trend forecasting can be a powerful tool in lenders' arsenals especially with so much uncertainty remaining at a macroeconomic level."

Mortgage QC Industry Trends Reports are available for download, free of charge, at https://www.acesquality.com/resources/reports.

About ACES Quality Management

ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Audit Quality Management & Control Software(TM) to improve audit throughput and quality while controlling costs, including:
* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;
* 2 of the top 5 loan servicers; and
* 2 of the top 5 depository institutions.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.acesquality.com/ or call 1-800-858-1598.

News from ACES Quality Management

ACES Quality Management (ACES), formerly known as ARMCO and the leading provider of enterprise quality management and control software for the financial services industry, announced the release of the quarterly ACES Mortgage QC Trends Report.

Related link: https://www.acesquality.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Pandemic Stress Can Change Eyesight and Impact Eye Health

DENVER, Colo. /ScoopCloud/ -- Doctors of optometry across Colorado, 2020 Eyes Colorado, and the Colorado Optometric Association (COA) have launched a September awareness initiative to help educate Coloradans on the impact of stress on eyesight and eye health.

"The long-term stress individuals and families are experiencing this year has the potential to impact eye health in a range of ways from mild eye discomfort to vision loss. This is a health issue that is preventable and most related symptoms can be managed at home. If symptoms linger or impact your quality of life, we do recommend an optometric eye exam," says Sheryl Benjamin, COA Executive Director.

Everyone has experienced that familiar moment in a challenging situation when stress takes over the body. This is called fight, flight or freeze and it's where the body moves into protection mode. Initially, the heart may pump faster as adrenaline moves through the body, breathing becomes shallow, and pupils dilate enhancing the ability to see danger. The body is preparing for a physical threat even if the stress is from a non-physical threat like a difficult project at work or a conflict with a friend.

The individual may experience a range of stress from mild stress to high stress. The eyes also experience a range of impact due to stress from mild discomfort to debilitating vision loss.

Symptoms of Stress Impacting Vision Health:
* Tunnel vision - Loss of visual acuity in the peripheral vision. The person feels like they can only see in front of themselves.
* Light sensitivity - An intolerance to light. The person feels like they have to close their eyes when experiencing light and they feel discomfort.
* Eye twitching - Random spasms around the lid of one or both eyes.
* Very dry or very wet eyes - Both of these can be cause by stress depending on the body's response.
* Blurry vision - This is usually mild when caused by stress.
* Eye strain - Fatigue of the eyes may be caused by stress, but can also be caused by too much screen time.
* Vision Loss - The stress hormone cortisol can damage the eye and the brain. Stress is also linked to causing diseases that can lead to vision loss including glaucoma.

It's more likely that the eye's response to stress will be minor, but if any of these symptoms are impacting your quality of life or the symptoms persist contact your optometrist immediately.

Ideas to Lower Stress & Relax Your Eyes
* Reduce your screen time for a few days to reduce eye strain and give eye muscles a break.
* During screen time use the 20-20-20 Rule. Every 20 minutes look at something 20 feet away for 20 seconds.
* Participate in a daily meditation.
* Exercise daily.
* Walk outside if possible.
* Eat a healthy diet.
* Get good sleep.
* Join an online social group.
* Consider weekly mental health therapy.
* Connect with your doctor about potential medication if stress and anxiety remain unmanageable.

Optometrists know that stress impacts every system of the body including the eyes. Colorado's doctors of optometry want you to know that the benefits of managing stress on a daily basis will not only improve eye health, but overall health. Even picking one stress reducing activity daily can help. Read more at: https://2020eyescolorado.org/pandemic-stress-can-change-your-eyesight-pr/

About the Colorado Optometric Association (COA):

The Colorado Optometric Association (COA) is the professional organization of optometrists in Colorado. Over 600 Colorado Doctors of Optometry are voluntary members of the Association. COA has also launched a public health campaign called 2020 Eyes Colorado.

Since 1892, the COA has assisted its members in providing the highest standard of professional care to their patients by sponsoring continuing education programs for doctors, advocating in local and state governments for programs and laws that represent patients' best interests, and providing information for the public. For more information, please visit http://www.visioncare.org/ or call 303-863-9778.

News from Colorado Optometric Association

Doctors of optometry across Colorado, 2020 Eyes Colorado, and the Colorado Optometric Association (COA) have launched a September awareness initiative to help educate Coloradans on the impact of stress on eyesight and eye health.

Related link: https://colorado.aoa.org/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ARMCO Rebrands as ACES Quality Management

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced today the completion of its months-long rebranding effort to align the company's image with its expanded focus on quality and risk management for banks and credit unions, as well as independent mortgage lenders. Effective September 10, 2020, the company name will be known as ACES Quality Management(TM), and the name of its flagship product ACES Audit Technology(TM) change to ACES Quality Management and Control Software(TM).

"While the origins of ACES lie in mortgage loan quality management, our sphere of activity has expanded to include other types of lending, as well as supporting overall quality in operations and outcomes within our clients' organizations. Thus, we felt the time was right to make a change to ensure our brand to more accurately reflect that," said ARMCO CEO Trevor Gauthier. "Regardless of the name under which we operate, the foundation of our organization has always been quality people behind quality products, achieving quality results - something we have proudly accomplished for the last 25 years and will continue to do under the ACES Quality Management banner."

The rebrand comes after much research and discussion, vetting current ACES clients, prospects and industry experts. Along with the naming and logo rebrand come a newly designed website and product offering. ACES Audit Packs for Mortgage Origination, Servicing and Consumer Lending combine out-of-the-box reports and managed questions with the functionality and flexibility of the ACES platform.

"ACES Quality Management is focused on improving quality, confidence, transparency and compliance in financial services by leveraging advanced technology platforms created with a customer-centric approach," Gauthier said. "Because we are striving to be the standard for quality management and control software in the financial space, we want to be known not only for the great technology that we bring to market, but also for the unprecedented level of customer care that we provide."

For more information, visit www.acesquality.com or contact info@acesquality.com.

About ACES Quality Management

ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Audit Quality Management & Control Software(TM) to improve audit throughput and quality while controlling costs, including:
* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;
* 2 of the top 5 loan servicers; and
* 2 of the top 5 depository institutions.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment.

For more information, visit https://www.acesquality.com/ or call 1-800-858-1598.

*LOGO link for media: https://www.Send2Press.com/300dpi/20-09010s2p-aces-logo-300dpi.jpg

News from ACES Quality Management

ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced today the completion of its months-long rebranding effort to align the company's image with its expanded focus on quality and risk management for banks and credit unions, as well as independent mortgage lenders.

Related link: https://www.acesquality.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Maxwell adds underwriting and closing services to fulfillment platform

DENVER, Colo. /ScoopCloud/ -- Digital mortgage platform Maxwell today announced it has added underwriting and closing services to the Maxwell Fulfillment Platform, enhancing the company's comprehensive suite of technology and outsourced services for small and midsize lenders.

As with its processing solution, Maxwell's underwriting and closing solutions are accessible through the Maxwell Fulfillment Platform on a white-label basis, with all outsourced personnel functioning as an integrated part of the lender's operations team. Because the underwriters leverage Maxwell's uniquely high-quality data gathered on the front end, the underwriting process is faster, which results in an improved borrower and lender experience.

Lenders can add team members as needed to accommodate the ebbs and flows of market dynamics while maintaining full ownership of customer data and delivering a fully branded, streamlined loan experience to borrowers.

Today's unpredictable, high volume market creates a potentially costly challenge for small and midsize lenders, which struggle to scale and accommodate wildly fluctuating volume. The primary challenge they face is meeting output demands.

"Few, if any, small and midsize lenders can sustain, the right balance of skilled labor," said Brian Simons, president of Maxwell, "enough to handle demand, but not so many that you sacrifice margin, and all who are skilled and experienced individuals."

The Maxwell Fulfillment Platform is a complete technology and outsourced solution solves this issue. It enables small and midsize lenders to maintain the precise level of skilled U.S. personnel needed, regardless of market fluctuations, all at a price that rivals off-shore solutions. The platform's team of seasoned processors have an average of 15 years of experience and all are located in the U.S.

"Our lender clients constantly tell us they want Maxwell to provide end-to-end fulfillment services, because they know they'll get technology and service that far exceeds any solution they've tried in the mortgage space," said Simons. "After launching our fulfillment platform with processing services to rave reviews in May, this was a natural progression. We're looking forward to growing our family of solutions, which are redefining the mortgage process and experience for borrowers, lenders and settlement service providers."

"Lenders are in a 'pig in a python' situation right now, so it's not surprising that the demand for embedded fulfillment solutions is high," says John Paasonen, CEO and co-founder of Maxwell. "Beyond that, the needs of small to midsize lenders have not traditionally been served by technology partners. We are on a mission to help small and midsized lenders grow wildly successful businesses."

To learn more about the Maxwell Fulfillment Platform, click here: https://himaxwell.com/services

ABOUT MAXWELL

Maxwell empowers mortgage lenders to be more connected, productive and successful by intelligently automating their team's workflow with homebuyers and real estate agents. A four-time HW Tech 100 winner, Maxwell's digital mortgage platform leverages proprietary algorithms built on its network of data across hundreds of thousands of loans to enable lenders to accelerate the mortgage lending process from application to closing.

Today, hundreds of lenders across the United States use Maxwell's point-of-sale to originate $6 billion in mortgage loans each month at a cycle time 45 percent faster than the national average. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and a preferred partner of The Mortgage Collaborative. The company is proud to be built in Denver, Colorado.

Connect with Maxwell:
* https://himaxwell.com/
* https://www.facebook.com/maxwellHQ
* https://twitter.com/ilovemaxwell

News from Maxwell Financial

Digital mortgage platform Maxwell today announced it has added underwriting and closing services to the Maxwell Fulfillment Platform, enhancing the company's comprehensive suite of technology and outsourced services for small and midsize lenders.

Related link: https://himaxwell.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Bryan Traeger, Head of Customer Success at Maxwell, Announced as a 2020 HousingWire Insider

DENVER, Colo. /ScoopCloud/ -- We are proud to announce that Bryan Traeger, Head of Customer Success at digital mortgage provider Maxwell, has been announced as a winner of the 2020 HousingWire Insider Award.

In its fifth year, HW's 2020 Insiders winners were carefully selected by HousingWire's editorial board based on their vital and dynamic contributions to their companies.

These 50 winners are the "go-to" team members in their companies and represent a wide range of occupations within the housing industry, from lending and real estate to investments and fintech. The Insiders are the professionals their companies turn to with their most important or challenging projects, and their contributions and hard work lead to superior results.

"The winners of our 2020 Insider Awards demonstrate expertise in areas that are critical to the success of the companies they work for," HousingWire Editor in Chief Sarah Wheeler said. "Especially during this year, which has required rapid adaptation in so many areas, these Insiders have been invaluable to the smooth functioning of the entire housing ecosystem."

HW's 2020 Insiders were carefully selected by HousingWire's editorial board based on their vital and dynamic contributions to their companies.

"Bryan Traeger is the definition of someone whose impact in our organization goes beyond his title," said Maxwell CEO and Cofounder John Paasonen. "Bryan brings extensive industry experience and technology expertise to his lender customers. His approach to driving higher adoption across organizations, tech stack evaluations and implementation plans is highly effective, and it plays a big part in why Maxwell is the fastest point-of-sale solution to launch from purchase."

ABOUT MAXWELL

Maxwell empowers mortgage lenders to be more connected, productive and successful by intelligently automating their workflow with homebuyers and real estate agents. A four-time HW Tech 100 winner, Maxwell's digital mortgage platform leverages proprietary algorithms built on its network of data across hundreds of thousands of loans to enable lenders to accelerate the mortgage lending process from application to underwriting.

Today, hundreds of lenders across the United States use Maxwell's point-of-sale to originate $5 billion in mortgage loans each month at a cycle time 45 percent faster than the national average. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and a preferred partner of The Mortgage Collaborative. The company is proud to be built in Denver, Colorado. Learn more: https://himaxwell.com/

News from Maxwell Financial

We are proud to announce that Bryan Traeger, Head of Customer Success at digital mortgage provider Maxwell, has been announced as a winner of the 2020 HousingWire Insider Award.

Related link: https://himaxwell.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ARMCO’s Kacey Olson Named 2020 HW Insider

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced today that its Director of Compliance Kacey Olson has been chosen as one of HousingWire's 2020 Insiders Award winners. In its fifth year, the HousingWire Insiders Award honors the industry's unsung heroes who work to propel their companies to success.

According to the publication, these 50 winners are the "go-to" team members in their companies and represent a wide range of occupations within the housing industry, from lending and real estate to investments and fintech. The Insiders are the professionals their companies turn to with their most important or challenging projects, and their contributions and hard work lead to superior results.

"This year's Insiders represent the unsung heroes of their companies; the team that, behind the scenes, kept everything on track during unprecedented times," HousingWire Magazine Editor Kelsey Ramírez said. "This year, the need for the services of these 50 winners shown greater than ever, and they rose to the challenge."

Olson was recognized not only for her general compliance contributions, but also her coordination and leadership of the swift response to the COVID-19 pandemic within ARMCO and its ACES Audit Technology(tm). As the COVID-19 pandemic began to impact the mortgage industry, Olson and her team created a new question set category within its ACES Intelligent Questionnaire (ACES IQ) functionality to house all temporary regulatory provisions issued by state and federal agencies and the GSEs in response to the COVID-19 national emergency declaration. The new category provided ACES users with a centralized repository inside ACES Audit Technology to ensure audits are conducted using the most up-to-date compliance standards.

"While Kacey's contributions to ARMCO in the last 12 months are numerous, it has been her contributions in 2020 as related to the COVID-19 pandemic that have demonstrated her irreplaceable value to both ARMCO and the mortgage industry," said ARMCO CEO Trevor Gauthier. "She is the epitome of a 'behind the scenes' star, and her continuous efforts to keep the mortgage industry up-to-date on all compliance matters has helped ARMCO become and remain the leading provider of enterprise quality management and control software for the financial services industry. For this and so many other reasons, we are proud to see Kacey included on the 2020 HousingWire's Insiders list."

For the full list of 2020 HousingWire Insiders, visit https://www.housingwire.com/articles/here-are-the-2020-hw-insiders/.

About HousingWire

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0

million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to Move Markets Forward. Visit https://www.housingwire.com or

https://www.solutions.housingwire.com to learn more.

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Audit Technology(tm) to improve audit throughput and quality while controlling costs, including:
* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;
* 2 of the top 5 loan servicers; and
* 2 of the top 5 depository institutions.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ARMCO clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.armco.us/ or call 1-800-858-1598.

News from ARMCO ACES Risk Management

ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced today that its Director of Compliance Kacey Olson has been chosen as one of HousingWire's 2020 Insiders Award winners.

Related link: https://www.armco.us/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

TeamSnap Welcomes Shaina Jordan as New Head of Analytics

BOULDER, Colo. /ScoopCloud/ -- TeamSnap, the industry-leading sport management platform, announced today that Shaina Jordan has joined the company's senior leadership team as Head of Data Engineering and Analytics.

In the new role, Jordan will be responsible for maximizing TeamSnap's analytical intelligence data to better support sports organizations, teams and brand partners. With nearly 24 million users across 100 different sports, TeamSnap has unique insights across all facets of the youth sport industry. This includes the latest sport participation trends in every major North American market.

TeamSnap has recently leveraged its industry data to track the Return to Sports across North America following the COVID-19 shutdown.

"Shaina is a great addition to the TeamSnap executive team. With her leadership, we will be able to further leverage TeamSnap's industry-leading data to improve customer experience, enhance advertiser engagement, and advocate for positive change in sports," said Woody Hartman, President of TeamSnap.

Jordan brings nearly a decade of technology and data experience to TeamSnap, most recently as Chief of Staff at Guild Education. As the first analytics hire at the education-tech start-up, Jordan helped implement a data informed culture which expanded the consumer business, including product, marketing and operations.

As an avid traveler, when Jordan is not at her home in Denver she can most likely be found trekking across the country in her campervan with her dog, Bruce.

Jordan will be leading TeamSnap's Fall Return to Sports outlook delivering in-depth projections on the return rates of youth sport across North America.

#YouthSports
#SportsTech
#Analytics

About TeamSnap

Since our formation in 2009, TeamSnap has been single-mindedly focused on taking the work out of play. Nearly 24 million coaches, administrators, players and parents rely on TeamSnap's powerful and easy-to-use tools for communication, scheduling, payment collection and registration, organizing every sport and group activity in the world. For more information, visit https://www.teamsnap.com.

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0901s2p-shaina-jordan-300dpi.jpg
*Caption: TeamSnap announced today that Shaina Jordan has joined the company's senior leadership team as Head of Data Engineering and Analytics.

News from TeamSnap

TeamSnap, the industry-leading sport management platform, announced today that Shaina Jordan has joined the company's senior leadership team as Head of Data Engineering and Analytics.

Related link: https://www.teamsnap.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Colorado’s Doctors of Optometry Offer 5 Ways to Prepare for School in a Pandemic

DENVER, Colo. /ScoopCloud/ -- The 2020-2021 school year is starting with a baseline of caution, anxiety and an ever-changing game plan during a global pandemic. Local doctors of optometry have teamed up with the Colorado Optometric Association and 2020 Eyes Colorado to compile a unique list of five areas to consider as families near the start of school.

Many families are struggling to feel comfortable with an in-person learning environment and others are opting for distance learning this year. Regardless of the learning environment, school in Colorado will be different for now and families are attempting to plan while facing many unknowns.

However, experts do know that about 80% of what a student learns is presented visually, which makes eye health very important for student learning. Optometrists are often part of a multi-disciplinary team of health-care practitioners that contribute to diagnosing learning difficulties when challenges present in school.

Colorado doctors of optometry agree that considering five specific areas of need, families can build a healthy foundation for learning while avoiding unnecessary difficulties.

1. Assess the Student's Vision & Eye Health

It's highly recommended that each student gets a comprehensive eye exam, every year. It's even more important this year as children are experiencing increased stress, anxiety, countless lifestyle changes and more screen time than ever. This can be a recipe for vision changes that can impact learning if they aren't addressed.

A comprehensive eye exam gives the patient and doctor a look at overall physical health in addition to eye health. Optometrists are often able to diagnose general health and eye health conditions before symptoms occur. This makes early intervention and treatment possible before vision and learning is heavily impacted.

"It's so important for each student to get their eyes checked as part of supporting their learning. It's especially important to rule out a visual issue if your child is struggling with reading, headaches, coordination, blurry vision, double vision, or dry eyes. With the recent screen time increases, we want to make sure that student eye health is not a problem for the school year," says Dr. Tom Cruse, President at Colorado Optometric Association.

Visual Skills Essential for K-12 Learning
During a comprehensive eye exam an optometrist is assessing the child's visual skills in the below areas. These areas are essential for learning and if the eyes are not functioning well in these capacities learning is often impacted negatively.
* Good visual acuity at all distances
* Satisfactory eye teaming skills
* Satisfactory eye movement skills
* Satisfactory focusing skills

If a child is already experiencing learning difficulties and has one or more of the below listed symptoms, they may have a learning-related vision problem. It's recommended that the child has a comprehensive evaluation by an optometrist who specializes in children's vision and learning-related vision problems.

Symptoms of Learning-related Vision Problems*:
* Headaches or eye strain
* Blurred vision or double vision
* Crossed eyes or eyes that appear to move independently of each other (Read more about strabismus.)
* Dislike or avoidance of reading and close work
* Short attention span during visual tasks
* Turning or tilting the head to use one eye only, or closing or covering one eye
* Placing the head very close to the book or desk when reading or writing
* Excessive blinking or rubbing the eyes
* Losing place while reading, or using a finger as a guide
* Slow reading speed or poor reading comprehension
* Difficulty remembering what was read
* Omitting or repeating words, or confusing similar words
* Persistent reversal of words or letters (after second grade)
* Difficulty remembering, identifying or reproducing shapes
* Poor eye-hand coordination
* Evidence of developmental immaturity

*Symptoms list created by Think About Your Eyes, April 2017

2. Create a Family Stress Management Plan
Eye twitching, blurry vision, headaches, watery eyes or dry eyes can all be caused by stress. In fact, stress can cause vision issues and vision issues can cause stress. Don't get caught in this cycle!

This year, there are a lot of new stressors for students beyond learning and homework. Having a stress management plan for each person in the home will help everyone stay happy, healthy, learning, and working.

It's a good idea to start talking to each child about what their school day will look like and prepare them for the things that are changing.

By managing stress daily, families can then build a daily schedule and house rules around each family member that helps them find success.

3. Assure the Student is Eating Well

Nutrition can impact how we feel emotionally and physically, but it also impacts eye health. A child's eating habits can change as they experience stress and as daily schedules change. When some people experience stress they eat less and others eat more. What is healthy and effective for each student?

Making sure the child is eating enough breakfast, lunch, and dinner is helpful. Or maybe they aren't into full meals right now so making sure they are grazing throughout the day will help keep blood sugar balanced, stress low, and it also can mean less tantrums or moodiness.

10 Nutrient Dense Foods to keep eyes healthy and brains learning:
* Fish is rich in omega-3 fatty acids
* Nuts and legumes are rich in omega-3 fatty acids and vitamin E
* Seeds are rich in omega-3 fatty acids and vitamin E
* Citrus fruits rich in vitamin C
* Leafy greens rich in lutein and zeaxanthin
* Carrots rich in vitamin A and beta carotene
* Sweet potatoes rich in beta carotene and vitamin E
* Beef is rich in zinc
* Eggs rich in lutein and zeaxanthin
* Water prevents dehydration and keeps your brain running

4. Determine How Much Exercise the Student Needs

Exercise increases blood flow to the optic nerve and retina, reduces stress, improves alertness, motivation, attention and it even helps individuals retain information.

When schedules change one of the first things to cease is healthy exercise. Whether attending school in-person or online, determine how the child get the exercise they need to thrive? How can exercise be used as a tool during the school year? Some families have students jump on a mini-trampoline or do jumping jacks before tackling homework or a school lesson. Others use it as a motivational reward. Tips for getting kids to exercise.

The Centers for Disease Control and Prevention (CDC) recommends the following activity levels for:
* Children ages 3-5 years should have active play throughout the day.
* Children ages 6-17 should have one hour of moderate to vigorous physical activity daily. Including;
o activities to strengthen bones 3 days per week (ex: running or jumping)
o activities to build muscles 3 days per week (ex: climbing or push- ups)

5. Address Sleep Difficulties

Dark circles around their eyes, moodiness, fatigue, difficulty learning, forgetfulness, and lack of motivation are all common signs of poor sleep. Poor sleep is not conducive to a successful learning environment and it can also strain family relationships. It's a good idea to address everyone's sleep issues in the household for optimal learning, working, playing and relating.

Sleep is clearly important for everyone and students are no exception. It's also very common for sleep to be impacted by stress and anxiety. Improving sleep could be as simple as better sleep hygiene, a new pillow, reducing stress or eliminating screen time before bed. However, sometimes there's an actual health issue at play. If sleep doesn't get better with common sense adjustments and is impacting daily life (like school) it's time to consult a doctor.

During a comprehensive eye exam an optometrist may spot signs of sleep issues including sleep apnea or other health conditions that are associated with sleep difficulties like pediatric myopia, diabetes, glaucoma, or an autoimmune disease.

The CDC recommends the following sleep quantity for:
* Ages 3-5 years: 10-13 hours per 24 hours (including naps)
* Ages 6-12 years: 9-12 hours per 24 hours
* Ages 13-18 years: 8-10 hours per 24 hours

Tips to Improve Sleep:
* Stick to a sleep schedule, go to bed at the same time and wake at the same time even on the weekends.
* Remove screens from the bedroom including phones, TVs, and tablets.
* Stop the use of any screen one hour before bedtime to reduce blue light exposure.
* Make sure the child's sleep environment is comfortable for them and includes their unique sleep preferences.
* Avoid caffeine in the afternoon and before bed.
* Make sure the child is getting enough exercise during the day.

About the Colorado Optometric Association (COA):

The Colorado Optometric Association (COA) is the professional organization of optometrists in Colorado. Over 600 Colorado Doctors of Optometry are voluntary members of the Association. COA has also launched a public health campaign called 2020 Eyes Colorado.

Since 1892, the COA has assisted its members in providing the highest standard of professional care to their patients by sponsoring continuing education programs for doctors, advocating in local and state governments for programs and laws that represent patients' best interests, and providing information for the public.

For more information, please visit http://www.visioncare.org/ or call 303-863-9778.

News from Colorado Optometric Association

The 2020-2021 school year is starting with a baseline of caution, anxiety and an ever-changing game plan during a global pandemic. Local doctors of optometry have teamed up with the Colorado Optometric Association and 2020 Eyes Colorado to compile a unique list of five areas to consider as families near the start of school.

Related link: https://colorado.aoa.org/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ARMCO Executive Joins QC-Focused Panel for Mortgage Bankers Association’s Virtual Risk Management Conference

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced that Executive Vice President of Operations, Sharon Reichhardt has been selected to speak on the topic of quality control during the MBA Live - Risk Management, QA and Fraud Prevention Forum 2020, hosted virtually September 15 - 16, 2020 by the Mortgage Bankers Association (MBA).

On Tuesday, September 15, Reichhardt will join the panel session "Underwriting & QA: How to Make QC a Profit Center" from 3 - 3:50 p.m. ET.

The panel will be moderated by Steve Spies, a consultant with SWS Risk Advisory LLC, and Jason Emory, Senior Vice President of Quality Control at PrimeLending will join Sharon as a panelist. The session will feature a discussion on how lenders mitigate the significant revenue and personnel resources devoted to QC by leveraging enhancements in technology, real-time data validation and outsourcing strategies.

"The MBA has put together a remarkable group of industry veterans for this panel, and I am honored to participate," said Reichhardt. "The COVID pandemic has placed a greater spotlight on new ways in which lenders can alleviate costs without sacrificing quality and I look forward to exploring those options on this panel."

In addition to Reichhardt's panel, ARMCO is also serving as the sole presenting sponsor for this year's virtual event.

"The MBA's RMQA Forum has always been the industry's premier event for mortgage quality control and risk management professionals, but the current economic uncertainty lends extra weight to the purpose of this year's event," said ARMCO CEO Trevor Gauthier. "In the spirit of facilitating the exchange of ideas and best practices for maintaining loan quality, ensuring compliance and mitigating risk, ARMCO is proud to be this year's presenting sponsor for RMQA, and we look forward to yet another first-rate MBA event."

For information regarding the virtual conference, visit https://www.mba.org/conferences-and-education/event-mini-sites/mba-live.

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Audit Technology(tm) to improve audit throughput and quality while controlling costs, including:
* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;
* 2 of the top 5 loan servicers; and
* 2 of the top 5 depository institutions.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ARMCO clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.armco.us/ or call 1-800-858-1598.

News from ARMCO ACES Risk Management

ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced that Executive Vice President of Operations, Sharon Reichhardt has been selected to speak on the topic of quality control during the MBA Live - Risk Management, QA and Fraud Prevention Forum 2020, hosted virtually September 15 - 16, 2020 by the Mortgage Bankers Association (MBA).

Related link: https://www.armco.us/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Promontory MortgagePath Expands Operations with Addition of Mortgage Fulfillment Center in Denver

DANBURY, Conn. /ScoopCloud/ -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today that it has opened a new fulfillment center in Denver. The new fulfillment center will allow Promontory MortgagePath to expand its operations in the western United States while maintaining the high level of service its clients are accustomed to receiving.

"Promontory MortgagePath's recent growth has resulted in the need to expand our operations beyond our original Danbury fulfillment center to continue providing compliant, technology-driven mortgage fulfillment services to our clients and their customers," said Promontory MortgagePath Chief Operating Officer Debora Aydelotte. "Combined with our fintech-first approach, community banks that outsource their mortgage fintech and fulfillment needs to Promontory MortgagePath are able to cost-effectively offer their borrowers an exponentially better experience without sacrificing the personal relationships that are characteristic of community banking."

Promontory MortgagePath combines a collaborative digital-mortgage platform with comprehensive fulfillment services, giving community banks the technology and scalability required to compete in today's market. The Denver fulfillment center expansion better positions Promontory MortgagePath to expertly service clients nationwide, while also adding to its ever-growing team of underwriters, processors, closers, lock desk analysts and more. In light of COVID-19, fulfillment center staff are operating remotely for the time being but will transition to an in-person work environment when it becomes safe to do so.

Promontory MortgagePath currently has open positions in both its Danbury and Denver fulfillment centers. For more information or to apply, visit https://www.linkedin.com/company/promontorymortgagepathllc/jobs/.

About Promontory MortgagePath LLC | NMLS ID 1532373

Promontory MortgagePath is a fast-growing team of passionate problem solvers on a mission to fundamentally change the way lenders approach their mortgage business. The company combines an intuitive, collaborative digital mortgage platform with modern, comprehensive fulfillment services, giving lenders the progressive technology and scalability required to profitably compete in today's rapidly-changing residential mortgage market. Promontory MortgagePath's founder, former U.S. Comptroller of the Currency Gene Ludwig, is widely recognized as a visionary thinker on the critical issues confronting financial services, and his companies are renowned for their ability to help community lenders resolve their most-pressing challenges. To learn more, https://www.mortgagepath.com.

News from Promontory MortgagePath

Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today that it has opened a new fulfillment center in Denver. The new fulfillment center will allow Promontory MortgagePath to expand its operations in the western United States while maintaining the high level of service its clients are accustomed to receiving.

Related link: https://www.mortgagepath.com/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Colorado Optometrists Announce 8 Ways to Protect Your Eyes This Summer

DENVER, Colo. /ScoopCloud/ -- A lot has changed for the summer of 2020, but the Colorado Optometric Association and 2020 Eyes Colorado wants everyone to know that summer eye health is still important. Colorado's sunlight is roughly 20% brighter than at sea level and is even more intense at the top of a mountain as there is less atmosphere at higher elevations to filter out UV rays.

"Coloradans are getting outdoors much more this summer due to the pandemic closures. It's important that when we are enjoying the outdoors that we don't underestimate the intensity of the Colorado sun because it can negatively impact your vision," says Sheryl Benjamin, Executive Director at the Colorado Optometric Association.

Colorado's optometrists give eight ways to protect your eyes this summer:

1. Wear UVA/UVB Blocking Sunglasses
Your eyes can get sunburned. It's true and it's all too common in the bright Colorado sun. Grab a pair of 100% UVA/UVB blocking sunglasses and wear them when outside to protect your eyes from sunburn. Some Coloradans pair sunglasses with a hat for even more UV protection. Make sure the brim is at least 3 inches wide for good coverage. Start kids off right by protecting their eyes early on with a hat and sunglasses. Bonus, tiny sunglasses are cute!

2. Wear Swim Goggles
Chlorine is rough on the eyes so be sure to protect them with swim goggles. Typically, chlorine exposure in a pool will dry out your eyes and make them temporarily red. However, conjunctivitis/pink eye is a common infection for swimmers as it spreads easily in the water. Make sure those goggles are sealed well!

3. Wear a Hat
A hat is a great addition to sunglasses for increased eye protection. Wearing a hat will shade additional parts of the eyeball and skin around the eyes. It's also a great runner up if you forget sunglasses as you're headed out on the trail.

4. Clean Hands Make Healthy Eyes
Yes, washing hands and avoiding face touching is important for eye health and overall health. Hand washing is even more essential during the pandemic, but it was also significant before COVID-19 to prevent the transmission of disease and illness that can enter through touching your eyes and face. Plus, washing your hands reduces your risk of contracting conjunctivitis/pink eye any time of year!

5. Eye Protection for DIY Projects/Activities and Sports
Be sure to wear safety glasses for DIY projects and high-risk activities like sports or lighting fireworks. These high-risk moments can quickly go awry with an unexpected eye injury. Make sure each individual on the project has protective glasses.

6. Drink Plenty of Water
Dehydration is very common in the dry Colorado summers, but is easy to avoid. Dehydration can impact the body's ability to create tears and then can cause vision issues. Stay hydrated by drinking plenty of water consistently throughout the day. Be sure to bring plenty of water for those outdoor activities!

7. Get Sleep!
Humans do better with a good night's sleep and eyes are no different. When and individual doesn't get enough sleep it impacts visual acuity. When this happens, the individual may need to catch up on sleep or may need to rest their eyes for a while.

8. Get an Annual Comprehensive Eye Exam
Keep eyes healthy with a comprehensive eye exam performed by an optometrist. An annual eye exam gives a better look at overall physical health. It will also allow for early detection of eye related diseases and non-eye related health issues. The Center for Disease Control states that, "Of the estimated 61 million US adults at high risk for vision loss, only half visited an eye doctor in the past 12 months. Regular eye care can have a life-changing impact on preserving the vision of millions of people." Find a trusted Colorado optometrist today!

About the Colorado Optometric Association (COA):
The Colorado Optometric Association (COA) is the professional organization of optometrists in Colorado. Over 600 Colorado Doctors of Optometry are voluntary members of the Association. COA has also launched a public health campaign called 2020 Eyes Colorado - https://2020eyescolorado.org/.

Since 1892, the COA has assisted its members in providing the highest standard of professional care to their patients by sponsoring continuing education programs for doctors, advocating in local and state governments for programs and laws that represent patients' best interests, and providing information for the public. For more information, please visit http://www.visioncare.org/ or call 303-863-9778.

News from Colorado Optometric Association

A lot has changed for the summer of 2020, but the Colorado Optometric Association and 2020 Eyes Colorado wants everyone to know that summer eye health is still important. Colorado's sunlight is roughly 20% brighter than at sea level and is even more intense at the top of a mountain as there is less atmosphere at higher elevations to filter out UV rays.

Related link: https://colorado.aoa.org/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ARMCO Executive to Co-Host QC Webinar through MBA’s Education Department

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced that Executive Vice President of Operations, Sharon Reichhardt will share her expertise on loan quality and risk management during an upcoming webinar sponsored by the Mortgage Bankers Association (MBA).

On Thursday, July 9, Sharon Reichhardt will present alongside Jennifer Whip, principal at Cambridge One, LLC, on the topic "Protecting Your Profitability Through Quality Control" from 2:00 to 3:00 p.m. ET. The webinar, which will include a moderated question and answer session featuring information valuable to c-level executive, compliance and QC officers, and operations managers. Discussion topics will include but are not limited to best practices in governing the QC process, impactful strategies to ensure loan investment quality and leveraging the power of data through effective reporting.

"With rates at a near all-time low and volumes remaining high, lenders are enjoying a sustained period of profitability - one which they would be wise to protect given the cyclical nature of the mortgage business," Reichhardt said. "Our goal with the webinar is to educate lenders on how a solid quality control process can help mitigate loan defect risk and improve investor confidence in loan quality, and we offer our sincerest thanks to the MBA for providing us the opportunity to share this valuable information with its membership."

To register for the webinar, visit https://www.mba.org/store/events/webinar/protecting-your-profitability-through-quality-control. The webinar is free to all MBA members. Non-MBA members can use the code "QC200" to receive a discount on registration.

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. Three of the top five independent mortgage lenders and two of the top five U.S. commercial banks rely on ACES Audit Technology(TM) to improve audit throughput and quality while controlling costs. Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ARMCO clients get responsive support and access to our experts to maximize their investment. For more information, visit www.armco.us or call

News from ARMCO ACES Risk Management

ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced that Executive Vice President of Operations, Sharon Reichhardt will share her expertise on loan quality and risk management during an upcoming webinar sponsored by the Mortgage Bankers Association (MBA)

Related link: https://www.armco.us/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Colorado Optometrists Announce Tips to Help Avoid Eye Health Challenges from Increased Screen Time During COVID-19 Pandemic

DENVER, Colo. /ScoopCloud/ -- As social distancing becomes a normal way of life during the COVID-19 pandemic many individuals are participating in increased screen time. The Colorado Optometric Association (COA) and the public health campaign 2020 Eyes Colorado, have collected tips from its doctors of optometry on how to keep eyes healthy as technology has become the hub for employees, social circles, students, teachers, families, and entire communities to stay connected.

"This increased screen time for many is an important part of life and staying healthy mentally and emotionally, which makes reducing screen time not possible for many. There are still a number of preventative measures individuals can take to reduce the impact of screen time on eye health while staying connected," says Dr. Matt Buchanan, COA Board President.

It can be difficult for some individuals to understand why their vision is suddenly blurry or they're experiencing more headaches. But Colorado optometrists know the eye health challenges that come with increased screen time.

Potential Signs That Screen Time is Impacting Your Eyes
* Increased headaches or migraines
* Dry eyes
* Red eyes
* Itchy eyes
* Watery eyes
* Blurred vision
* Light sensitivity
* Eye strain

Tips for Keeping Eyes Healthy During Increased Screen Time

Observe the 20-20-20 Rule
Adults and children should take frequent screen breaks by practicing the 20-20-20 rule. When using any screen, every 20 minutes, take a 20-second break, and look at something 20 feet away. To get in the habit of this, set a timer every 20 minutes for a few days as a reminder to use the 20-20-20 exercise.

Take Blink Breaks
Looking at a screen naturally has users blinking less and that can cause dry eyes, which can also cause a number of issues including blurry vision. When you take your 20-20-20 break be sure to take a few long blinks. This will help hydrate your eyes and reduce any discomfort from reduced blinking.

Reduce Blue Light
Blue light is linked to computer fatigue and eye strain. Colorado optometrists recommend wearing glasses that filter out this light. If you're unsure about finding true blue light glasses, you can contact your optometry office for recommendations.

Buy an Alarm Clock
Blue light suppresses our bodies production of melatonin. This is one of the chemicals that tells our body it is time to go to sleep. Eliminating nighttime phone use in your bedroom tends to nurture better sleep and it eliminates blue light exposure from looking at your phone during the night. It's recommended that you use an alarm clock in your bedroom and keep your phone in another room or on customized "do not disturb settings" while being placed across the room.

Establish a Screen Schedule
During this time, we can't get away from using screens, but it's important to evaluate if there is any way to reduce screen time. Many families are finding that no screens after 8pm is a great rule to start winding down for bed and reducing stress. Begin looking at ways to reduce mindless social media scrolling and shift some of your entertainment choices to non-screen activities during certain times of the day or week.

Check Your Vision
If you're experiencing more headaches, blurry vision or eye discomfort it's probably a good idea to get a comprehensive eye exam in the near future with your local optometrist. This will ensure that your eyes are equipped with the correct prescription lenses/contacts and that any other vision issues are addressed. Stay away from online eye exams or vision screenings as they are not a reliable tool for the full picture of your eye health.

Colorado's doctors or optometry are fully open and offering all services including routine care! Find a local optometrist here - https://2020eyescolorado.org/

About the Colorado Optometric Association (COA):

The Colorado Optometric Association (COA) is the professional organization of optometrists in Colorado. Over 600 Colorado Doctors of Optometry are voluntary members of the Association.

Since 1892, the COA has assisted its members in providing the highest standard of professional care to their patients by sponsoring continuing education programs for doctors, advocating in local and state governments for programs and laws that represent patients' best interests, and providing information for the public. For more information, please visit http://www.visioncare.org/ or call 303-863-9778.

News from Colorado Optometric Association

As social distancing becomes a normal way of life during the COVID-19 pandemic many individuals are participating in increased screen time. The Colorado Optometric Association (COA) and the public health campaign 2020 Eyes Colorado, have collected tips from its doctors of optometry on how to keep eyes healthy.

Related link: https://colorado.aoa.org/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

2019 ARMCO QC Trends Report Indicates Overall Marked Improvement in Critical Defect Rate over 2018

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of the quarterly ARMCO Mortgage QC Trends Report. The latest report, which provides nationwide loan quality findings based on data derived from ACES Audit Technology(TM) covers both the fourth quarter (Q4) and the 2019 calendar year (CY).

"Reduced interest rate volatility and declining interest rates over the course of the year created an environment in which lenders rode a sustained wave of refinances, increased their overall loan production and improved their profitability - all of which contributed to the improvements in loan quality in 2019," said ARMCO Executive Vice President Nick Volpe. "With the rate environment expected to remain unchanged throughout 2020, the loan quality levels observed in 2019 seem sustainable. However, this forecast does not and cannot account for the anomalies triggered by the COVID-19 pandemic. Therefore, lenders will need to keep a sharp eye out for negative spikes in their loan data as 2020 continues."

The report's noteworthy findings include:

* On a quarter-over-quarter basis, critical defect rates improved in the first three quarters of 2019 before reversing the decline and climbing in Q4 2019.
* Q4 2019 ended with a defect rate of 1.73%, an increase of 11% from Q3 2019.
* The share of conventional loans increased from 56.40% in CY 2018 to 61.99%, representing a nearly 6% increase.
* Purchase share fell 7.5% in CY 2019 as compared to CY 2018.
* Regulatory compliance issues were down 51% year-over-year, to a multi-year low of 5.17% of all critical defects.
* Loan Package/Documentation defects were volatile in CY 2019 but did post a 12% improvement compared with CY 2018.
* Income, Assets, and Credit (key qualification/underwriting criteria) related defects made up 53% of all critical defects in CY 2019, with Income and Credit increasing from the prior year, and Asset defects decreasing.
* Market stability contributed to an overall better 2019 for lending quality. However, these improvements will be severely tested as data comes in for the coming quarters as we start to see COVID's impact on mortgage lending.

The Q4/CY 2019 ARMCO Mortgage QC Industry Trends Report is based on nationwide post-closing quality control loan data from over 90,000 unique loans selected for random full-file reviews, as was captured by the company's ACES Analytics benchmarking software. Defects listed in the report are categorized using the Fannie Mae loan defect taxonomy.

"While 2019's critical defect rates represent a clear improvement over 2018 and suggest a continuation of that trend moving into 2020, the increase in forbearance requests, high unemployment rates and the potential for early payment defaults to spike later in the year will certainly put this prediction to the test," said ARMCO CEO Trevor Gauthier. "Recognizing the potential need for lenders to ramp up their EPD audit volume, ARMCO launched ACESXPRESS for Early Payment Defaults to better prepare our clients for this possibility and ensure they had a turnkey platform to help them maintain audit requirements and keep a vigilant eye on this potential source of risk."

Volpe will analyze the findings from the Q4/CY 2019 ARMCO Mortgage QC Industry Trends Report and offer insights into what lenders can expect in future quarters during a webinar titled, "Insights into Mortgage QC Trends - Past Highlights and Predictions for 2020," as part of its on-going QC NOW Web Series. To access the webinar recording, visit https://www.armco.us/learn/webinars/qc-now.

ARMCO Mortgage QC Industry Trends Reports are available for download, free of charge, at https://www.armco.us/learn/reports.

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. More than half of the top 50 lenders and two of the top five U.S. commercial banks rely on ACES Audit Technology(TM) to improve audit throughput and quality while controlling costs. Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ARMCO clients get responsive support and access to our experts to maximize their investment. For more information, visit www.armco.us or call 1-800-858-1598.

News from ARMCO ACES Risk Management

ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of the quarterly ARMCO Mortgage QC Trends Report. The latest report, which provides nationwide loan quality findings based on data derived from ACES Audit Technology covers both the fourth quarter (Q4) and the 2019 calendar year (CY).

Related link: https://www.armco.us/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ARMCO Expands Corporate Philanthropic Program to Support COVID-19 Relief and Racial Equality Advocacy Efforts

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced it has expanded its corporate philanthropic initiative ARMCO CARES to support employees' charitable giving and volunteer efforts in response to the COVID-19 pandemic and recently added contributions advocating for racial equality. The program includes a $100 donation by ARMCO to a registered charity of each employee's choosing in addition to corporate matching. To date, ARMCO and its employees have contributed to nearly two dozen different charitable organizations addressing issues related to COVID-19 and racial inequality resulting in a 135% increase compared to 2019.

"Support has always been one of ARMCO's core values, but this concept has taken on elevated importance and meaning right now," said ARMCO CEO Trevor Gauthier. "We reopened the program for the year during the pandemic, and in the midst of that, we sadly experienced yet another act of police brutality. There is no better time to focus on charitable organizations assisting with positive change in the world."

Launched in 2018, ARMCO CARES is a philanthropic initiative established by ACES Risk Management to enable employees to share in the firm's success by contributing financially to the charities and causes close to their hearts. The program offers a dollar-for-dollar match of employee donations to a U.S.-registered 501(c)(3) charitable organization of the employee's choice and also supports employees' wellness and community involvement programs.

To learn more about ARMCO CARES and see how ARMCO employees are contributing to their communities and promoting positive change, visit https://www.armco.us/company/armco-cares.

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. More than half of the top 50 lenders and two of the top five U.S. commercial banks rely on ACES Audit Technology(tm) to improve audit throughput and quality while controlling costs. Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ARMCO clients get responsive support and access to our experts to maximize their investment. For more information, visit www.armco.us or call 1-800-858-1598.

*LOGO link for media: https://www.send2press.com/300dpi/20-0401s2-armco-logo-300dpi.jpg

News from ARMCO ACES Risk Management

ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the financial services industry, announced it has expanded its corporate philanthropic initiative ARMCO CARES to support employees' charitable giving and volunteer efforts in response to the COVID-19 pandemic.

Related link: https://www.armco.us/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

The 2020 Black Hole Recession – COVID-19 Effect on Metro Denver Home Values

DENVER, Colo. /ScoopCloud/ -- Clear Realty and their real estate technology division Sell-Star released today an in-depth report on how the economic freefall triggered by fear of death from COVID-19 instantly formed the 2020 Black Hole Recession and now affects Metro Denver home values and the safety of 250,000 or so families and individuals wishing to sell or buy a home over the next two-and-a-half years.

This report includes the interactive web-based tool Sell-Star Prophet, which forecasts by neighborhood home values and days-on-market for years 2020, 2021 and 2022 and defines qualities of homes buyers pay the most to attain-exactly what to advertise to attract buyers.

In normal economic downturns deteriorating business activities lead to increasing unemployment over a period of six months to perhaps eighteen months. The COVID-19 induced 2020 recession skipped the entire declining economic conditions portion of the cycle, instead the economy was like a massive sun burning bright, then in a moment collapsing in on itself creating a black hole-the very trough of the economic cycle.

"It's fear of infection from human interaction triggering this economic black hole and real estate sales have a lot of human interaction. Sell-Star Prophet helps reduce unnecessary interaction by showing homeowners how to vastly improve their internet marketing," said Creed Smith, Broker/Owner, Clear Realty.

Unlike most economic reports using national or regional data on Gross Domestic Product and unemployment rates, Sell-Star Prophet displays actionable forecasts for homeowners by specific Metro Denver neighborhoods including:
* Home values for 2020, 2021 and 2022
* Days-On-Market timeframes for 2020, 2021 and 2022
* Rank-ordered list of qualities most desired by buyers for superior internet marketing
* Rank-ordered list of value harming deficiencies owners should correct to maximize home value

"COVID-19 put the brakes, likely permanently, on high personal contact methods when selling a home. Nobody wants the risk of armies of people marching through their home every week, and buyers prefer the safety and convenience of window-shopping homes on the internet. Sell-Star Prophet defines the exact rank-ordered qualities homeowners need to advertise to attract the best buyers, keep home values up and keep days-on-market down," said Creed Smith, owner of Clear Realty and inventor of Sell-Star Prophet.

About Clear Realty and Sell-Star Prophet:

Clear Realty specializes in creating cutting edge technologies cutting the cost of selling a home while improving the marketing and safety of home sales. Sell-Star Prophet, is the latest technology of many Clear Realty uses to improve marketing in the real estate industry.

Learn more at: https://clear.realty/

Prophet cover video: https://vimeo.com/422946055

News from Clear Realty

Clear Realty and their real estate technology division Sell-Star released today an in-depth report on how the economic freefall triggered by fear of death from COVID-19 instantly formed the 2020 Black Hole Recession and now affects Metro Denver home values and the safety of 250,000 or so families and individuals wishing to sell or buy a home over the next two-and-a-half years.

Related link: https://clear.realty/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ARMCO Launches QC NOW Web Series to Support QC Professionals

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the launch of QC NOW, a web series covering current regulatory and operational changes related to quality control, compliance and risk for independent mortgage lenders, banks and credit unions.

"Now more than ever, information is power, and with so much changing so quickly in the lending and financial services landscape, it can be difficult to keep pace and stay informed," ARMCO CEO Trevor Gauthier said. "The QC NOW web series is yet another way ARMCO continues to support financial services quality control and compliance professionals by providing up-to-date information on regulatory and operational changes in an easily digestible format."

The series launches on May 28, 2020 at 11 a.m. Pacific Time (PDT) with "QC Operations in the New World - A Look Into the COVID-19 Era," hosted by ARMCO President and Chief Operating Officer Phil McCall. The webinar will cover what has changed for lenders since the start of the pandemic, the immediate and overall effects of these changes and how qc professionals can prepare for what is still to come.

Other upcoming topics for the web series include:
* How to Ensure Data Integrity with HMDA Reviews
* Mortgage QC Industry Trends - Future Outlook
* QC Reporting Essentials
* State of Servicing QC

To view the upcoming schedule and register to attend an upcoming presentation, visit https://www.armco.us/learn/webinars/qc-now.

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. More than half of the top 50 lenders and two of the top five U.S. commercial banks rely on ACES Audit Technology(tm) to improve audit throughput and quality while controlling costs. Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ARMCO clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.armco.us or call 1-800-858-1598.

*LOGO link for media: https://www.send2press.com/300dpi/20-0401s2-armco-logo-300dpi.jpg

News from ARMCO ACES Risk Management

ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the launch of QC NOW, a web series covering current regulatory and operational changes related to quality control, compliance and risk for independent mortgage lenders, banks and credit unions.

Related link: https://www.armco.us/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

ARMCO Expands Integrated Third-Party Vendor Offerings Within ACES Audit Technology

DENVER, Colo. /ScoopCloud/ -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced several major enhancements to its ACES Audit Technology platform to aid lenders' loan defect categorization and post-closing quality control efforts.

"Loan quality is a moving target, and to ensure our clients are always hitting the mark, ARMCO is continually refining ACES as users' needs and regulatory directives change," ARMCO CEO Trevor Gauthier said. "This recent slate of system updates is further evidence of our commitment to customer satisfaction, user choice and industry partnerships with best-of-breed providers that support our clients' loan quality initiatives."

Included in the enhancements are additions to the suite of integrated third-party verification providers available within ACES. Users can now order, track and receive credit reports from Data Facts and field reviews from Service1st without leaving the ACES system, which streamlines the quality control audit process and eliminates the unnecessary, time-consuming and error-prone task of rekeying data.

"Data Facts is hyper-focused on helping lenders address fraud and compliance, which makes our partnership with ARMCO such a natural fit," said Lisa May, senior vice president of strategic solutions at Data Facts. "Not only is this integration a win-win for our mutual customers, but it also provides all ACES users with a choice for credit reporting services, and we look forward to delivering to ACES users the same high-touch, high-level customer service that our existing clients have come to expect from Data Facts."

"Many appraisal management companies list appraisal reviews as product offerings, but, in reality, this often takes a back seat to their main business of origination appraisals. That is not the case for Service 1st," said Joe Chappell, executive vice president and business leader for partner integrations at Covius, which owns Service1st. "We have a 25-year track-record of providing appraisal reviews to the QC community and are known for our service, the quality of our valuations, our commitment to communications and our competitive pricing. Our integration with ARMCO brings together two of the industry's leading QC service providers to accelerate the overall appraisal review process, create greater efficiencies for our joint clients and reduce the risk of human error."

In addition to expanding users' options for third-party verification providers, ARMCO also announced its updates to the loan defect taxonomies for Fannie Mae and FHA included within ACES. These updates reflect the changes announced by Fannie Mae in late Q3 2019 and FHA in early Q1 2020 and were made available to ACES users in December 2019 and January 2020, respectively.

"The loan defect taxonomies established by Fannie Mae and FHA enable lenders to standardize their categorization of loan defects, which, in turn, helps facilitate historical trending and benchmarking activities so that lenders have a more fulsome understanding of their loan quality both over time and as compared to their peers," said Gauthier. "As a best practice, the ACES software is updated immediately with these changes to ensure our clients are compliant and utilizing the latest standard from their prudential regulators to effectively manage their loan quality and risk."

About Data Facts

For over three decades, Data Facts' full-circle portfolio of solutions has helped lending professionals make sound lending decisions and maximize efficiencies. Employees are 100% U.S. based and data is never off-shored. By utilizing innovative technology, seamless LOS integrations, and their ability to create customized, flexible solutions, they help clients close more loans faster and easier. Data Facts is certified by the Women's Business Enterprise National Council (WBENC) as a 100% woman-owned business. To read more about Data Facts, visit their website at https://www.datafacts.com.

About Service1st

Service1st, a Covius solution, provides technology-enabled appraisal risk management solutions and specializes in quality control providers. Service1st also delivers risk management solutions for residential and commercial mortgage origination, servicing, default, REO and due diligence. Covius is a trusted provider of services, insight and technology to leading financial companies. Covius' technology-enabled solutions deliver operational efficiencies, mitigate risk and empower compliant decisions and borrower interactions.

Covius businesses are recognized leaders in credit and verification services, HOA and tax tracking, quality assurance, regulatory compliance, compliant document services, comprehensive settlement services, lien and title curative solutions, REO asset management and auction services, capital markets due diligence and oversight as well as rapid-development, customizable cloud-based business process solutions. The company was named a 2020 HousingWire Tech100 winner. For more information about the company and its services, visit https://covius.com.

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. More than half of the top 25 mortgage lenders, a third of the top 150 lenders and servicers and two of the top five U.S. commercial banks rely on ACES Audit Technology(TM) to improve audit throughput and quality while controlling costs. Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ARMCO clients get responsive support and access to our experts to maximize their investment.

For more information, visit https://www.armco.us/ or call 1-800-858-1598.

News from ARMCO ACES Risk Management

ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced several major enhancements to its ACES Audit Technology platform to aid lenders' loan defect categorization and post-closing quality control efforts.

Related link: https://www.armco.us/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.

Digital Mortgage Provider Maxwell Extends Product Offering with New Fulfillment Platform

DENVER, Colo. /ScoopCloud/ -- Digital mortgage provider Maxwell today announced a new way for small and midsize lenders to scale processing capacity to meet market needs through the launch of the Maxwell Fulfillment Platform.

As an extension to Maxwell's digital mortgage platform, the Maxwell Fulfillment Platform is a complete technology and outsourced solution to enable lenders to scale their business with access to teams of on-shore processors at off-shore prices. In an unpredictable market, small to midsize lenders who have difficulty scaling their business to accommodate market demands can seamlessly incorporate a team of seasoned processors with an average of 15 years of experience, all located in the United States. Driven by machine learning and AI technology, the Maxwell Fulfillment Platform ensures a flexible, efficient and high-quality processing experience.

"At Maxwell, our customers see us as true partners and often look to us for solutions beyond the POS solution we're best known for. We created the Fulfillment Platform as the next extension of our product because we recognized their need to scale without an enterprise-sized budget," said John Paasonen, co-founder and CEO of Maxwell. "Yes, we're a point-of-sale, but our technology now allows us to leverage the power of our community of lenders to offer access to value previously only accessible by the largest lenders. Loan processing, powered by our technology, is one example of the ways we help them compete in the marketplace and continue to deliver a superb experience."

Services delivered through the Maxwell Fulfillment Platform will be available on a white-label basis, with processors functioning as part of a lender's operations team. Lenders can add processors as needed to accommodate the ebbs and flows of market dynamics, while maintaining full ownership of customer data and delivering a fully branded, streamlined loan experience to borrowers. Qualifying lenders can apply for early access to the Fulfillment Platform beginning today.

"In the midst of market uncertainty, agile lenders must rethink their operational flexibility. The Maxwell Fulfillment Platform enables lenders to better predict and control labor costs while maintaining quality, security and compliance," said Brian Simons, who leads the Fulfillment Platform as president. "I've spent the last 10 years in third-party fulfillment and now - with the power of Maxwell's technology - we plug directly into our lender's systems, offering highly skilled processing talent, a better borrower experience, pipeline management and reporting through our POS."

Maxwell's Fulfillment Platform is licensed and SAFE Act compliant, ensuring full compliance with state regulations, and features bank-grade security and privacy measures that exceed market standards.

The Maxwell Fulfillment Platform was built to support both processors that work for partners in addition to the processors that Maxwell employs itself. Maxwell is also accepting discussions with other fulfillment partners to join the platform as it grows.

To learn more about the Maxwell Fulfillment Platform, click here - https://himaxwell.com/services

ABOUT MAXWELL

Maxwell empowers mortgage lenders to be more connected, productive and successful by intelligently automating their workflow with homebuyers and real estate agents. A four-time HW Tech 100 winner, Maxwell's digital mortgage platform leverages proprietary algorithms built on its network of data across hundreds of thousands of loans to enable lenders to accelerate the mortgage lending process from application to underwriting. Today, hundreds of lenders across the United States use Maxwell's point-of-sale to originate $5 billion in mortgage loans each month at a cycle time 45 percent faster than the national average. Founded in 2015, Maxwell is a member of the Mortgage Bankers Association and a preferred partner of The Mortgage Collaborative. The company is proud to be built in Denver, Colorado.

Connect with Maxwell:
* https://himaxwell.com/
* https://www.facebook.com/maxwellHQ
* https://twitter.com/ilovemaxwell

News from Maxwell Financial

Digital mortgage provider Maxwell today announced a new way for small and midsize lenders to scale processing capacity to meet market needs through the launch of the Maxwell Fulfillment Platform.

Related link: https://himaxwell.com/

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Colorado Optometric Association Warns Patients to Be Cautious of ‘At-Home Eye Exam’ or ‘Vision Test’ Product Claims

DENVER, Colo. /ScoopCloud/ -- Some companies are taking advantage of the COVID-19 pandemic and asserting that their devices make it easy to conduct an eye exam at home. The truth of the matter is, there are a number of components that are part of an in-person, comprehensive eye exam with a doctor of optometry and there is no U.S. Food and Drug Administration (FDA)-approved, at-home device or app that people can use to self-conduct all of the elements of a proper eye examination. The Colorado Optometric Association, together with the American Optometric Association (AOA), warns that it is more important than ever to be aware of products that give the mistaken impression that their devices can substitute for a comprehensive eye examination or that they can shortcut getting a contact lens or eyeglasses prescription.

"When patients rely on an app for an eyeglass or contact lens prescription, they can receive inaccurate or misleading information and potentially delay essential sight saving treatment. In addition, changes in refractive status can be an underlying symptom of a number of eye or systemic conditions, which can only be detected through an in-person, comprehensive eye exam," says COA President, Dr. Buchanan. "We want to ensure that patients have access to medically-recognized eye health care and to protect them from companies, platforms or services that may put their health at risk."

The Colorado Optometric Association is joining with the AOA, patient advocacy organizations, state attorneys general and the media in warning the public about the lack of effectiveness and potential dangers of these devices and their marketing promises. With the proliferation of these online apps, optometry and other health care providers have continued to raise concerns about their safety and efficacy-including the potential for inaccurate prescriptions, missed diagnoses of serious and general health conditions, and the creation of a prescription with little input from an eye doctor.

"Eye exams with doctors of optometry, America's primary eye health and vision care providers, are essential health care that provide more than just a prescription but are also a critical component of patient's preventive health regimen. During this time, patients should work with their doctors to make use of health technologies that enhance care, and not be misled by questionable marketing claims that undermine it," AOA President Barbara L. Horn, O.D., says. "Patients need to be wary of any company that claims its device can replace the care that a doctor provides."

States are beginning to reopen health care access and eye doctors across the country are starting to safely provide comprehensive eye health examinations once again. Patients looking to schedule their annual eye examinations or update their prescriptions should contact their eye doctors, who are employing in-person and telehealth protocols to provide necessary refills and other eye health and vision care with one goal in mind - to protect everyone's health and safety.

About the Colorado Optometric Association (COA):

The Colorado Optometric Association (COA) is the professional organization of optometrists in Colorado. Over 600 Colorado Doctors of Optometry are voluntary members of the Association.

Since 1892, the COA has assisted its members in providing the highest standard of professional care to their patients by sponsoring continuing education programs for doctors, advocating in local and state governments for programs and laws that represent patients' best interests, and providing information for the public. For more information, please visit http://www.visioncare.org/ or call 303-863-9778.

News from Colorado Optometric Association

Some companies are taking advantage of the COVID-19 pandemic and asserting that their devices make it easy to conduct an eye exam at home. The Colorado Optometric Association, together with the American Optometric Association (AOA), warns that it is more important than ever to be aware of products that give the mistaken impression that their devices can substitute for a comprehensive eye examination or that they can shortcut getting a contact lens or eyeglasses prescription.

Related link: https://colorado.aoa.org/

This version of news story was published on ScoopCloud™ (ScoopCloud.com) - part of and © the Neotrope® News Network - all rights reserved.