In The News

AnalysisIn The News

ACES Report Shows Critical Defect Rate Falls To Annual Low

ACES Quality Management® (ACES), a provider of enterprise quality management and control software for the financial services industry, released its quarterly ACES Mortgage QC Industry Trends Report covering Q4 2025 and the full calendar year (CY) 2025. The report analyzes post-closing quality control data derived from the ACES Quality Management & Control® software. It said:

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Borrower OutreachIn The News

Panorama Mortgage Group Rebrands To SimplyPMG

Panorama Mortgage Group, an independent mortgage bank, has rebranded all channels to SimplyPMG. The move, which reflects a change in direction as the company celebrates its 20th year in business, unites Alterra Home Loans, Travisa Financial and the parent company into one. With this rebrand, SimplyPMG is focusing its mission on guiding borrowers through the loan process with simplicity and better pricing.

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ExpansionIn The News

Click n’ Close Expands Whole Loan Trading Division

Click n’ Close, a multi-state mortgage lender, announced the strategic engagement of Christy Soukhamneut and Launch Point Advisory Group to support the expansion of its Whole Loan Trading division. The move is part of a broader initiative to grow Click n’ Close’s secondary market presence and offer whole loan trading opportunities across its government and specialty loan programs.

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In The NewsProfits

IMBs Production Profits Remain Flat In The First Quarter Of 2026

Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a pre-tax net production profit of $727 on each loan they originated in the first quarter of 2026, compared to a net production profit of $674 per loan in the fourth quarter of 2025, according to the Mortgage Bankers Association’s (MBA) newly released Quarterly Mortgage Bankers Performance Report.

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