Mortgage lenders are seeing loan defects stabilize after several volatile years, but shifts in interest rates and loan volumes continue to expose weaknesses in quality control (QC), according to ACES ...

The GSE’s new Quality Control Advisor Plus platform streamlines the quality control review process, saving lenders time and reducing risk Freddie Mac has announced a new tech advancement to streamline ...

Fraud and misrepresentation remain persistent challenges in the mortgage industry and Freddie Mac is responding by bringing Quality Control Advisor Plus to the market, a tool which automates this ...

Freddie Mac’s Quality Control Advisor Plus platform automates and consolidates loan review processes as it aims to reduce buybacks and loan defects. The platform will be available to all lenders by ...

Electric cars don’t catch on fire very often, but people really notice when they do. In fact, a 2024 survey of 303 consumers found that 43% of respondents believe electric vehicles “catch fire easily ...

Purpose: Ensure welded line pipe joints meet the governing pipeline code and project specifications so the pipeline achieves required strength, leak tightness, and integrity over design life. I.1 ...

Traditional outlier and quality control methodologies often assume that data will conform to ideal, Gaussian distributions. In practice, this is rarely the case. Upstream variability in ...

CT (computed tomography) imaging technology is normally associated with medical applications, but GM uses the same tech to improve quality control in car manufacturing. Specifically, this process ...

Companies of all types are embracing AI in distinct ways. Perhaps no other industry is moving as fast as manufacturing. Coming from the experiences of Lean Manufacturing and Six Sigma process changes, ...

The U.S. Food and Drug Administration has suspended its quality control program that tests milk and other dairy products. The Food Emergency Response Network Proficiency Testing Program is currently ...

Marketers are growing more comfortable with letting generative artificial intelligence assume the voices of their brands. The work often involves AI agents, which are a series of interconnected AI ...