Company News

Preston Pruett Promoted to Chief Appraiser

Posted by Matt Holmes

Oct 22, 2020 8:43:55 AM

Memphis, TN: Data Facts, a nationwide provider of appraisal management solutions delivering in excess of 55,000 appraisals in 2020, recently announced Preston Pruett has been promoted to Chief Appraiser – Director of Appraisal Compliance, effective immediately. In his new role, Pruett will oversee all appraisal and valuation techniques, conceive and implement strategies to improve productivity and compliance, develop new solutions within the appraisal review process, and ensure appraisals meet all applicable standards and regulatory guidelines.

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Topics: Mortgage Lending, Appraisal, Appraisal Management

Data Facts Credit Reports Now Available Within ACES Risk Management Audit Technology

Posted by Matt Holmes

May 29, 2020 9:47:13 AM

MEMPHIS, Tenn., May 29, 2020— Data Facts, a nationwide provider of mortgage lending solutions, has partnered with ACES Risk Management (ARMCO) to provide credit reporting solutions to end users through the ACES Audit Technology platform, aiding 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 integration is further evidence of our commitment to customer satisfaction, user choice, industry partnerships with best-of-breed providers that support our clients’ loan quality initiatives.”

Data Facts has been selected as an addition to the suite of integrated third-party verification providers available within ACES. Users can now order, track and receive credit reports from Data Facts 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.”

The ACES partnership is the latest in a long history of technology integrations from Data Facts that have helped lenders seamlessly improve their lending experience. The data solutions provider enables users to pull credit through many of the world’s top LOS platforms, and continues to grow.

“Every day we’re finding new ways to help lenders tackle their underwriting challenges,” Says May, “and the ACES integration will help even more lenders capitalize on efficiencies that can help them push more loans through the pipeline.”

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Topics: Mortgage Lending, Credit Report

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