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Argonauts to add Schultz, Volpe to list of franchise's all-time honourees
Argonauts to add Schultz, Volpe to list of franchise's all-time honourees

National Post

time4 days ago

  • Sport
  • National Post

Argonauts to add Schultz, Volpe to list of franchise's all-time honourees

Former Toronto Argonauts Chris Schultz and Nick Volpe will be added to the CFL club's All-Time Argos list during a ceremony at BMO Field on Aug. 9. Article content Both will be honoured posthumously when the Argos host the Ottawa Redblacks, bringing the total number of individuals on the list to 27. Article content Article content 'Chris Schultz wasn't just a great football player — he was a force of nature, a mentor, and a champion for so many of us who came through the locker-room after him,' said Jason Pottinger, president of the Argonauts Alumni Association. 'He made you feel like you mattered, and he made the Toronto Argonauts matter to generations of fans and players alike. Article content Article content 'His impact went far beyond the field, and his legacy continues to inspire. This honour is a celebration of everything he gave to the game and to the people who loved him.' Article content Schultz spent nine seasons with Toronto (1986-94) after beginning his pro career with the NFL's Dallas Cowboys. Schultz was a CFL all-star twice (1987-88) and helped the Argos win the Grey Cup in 1991. Article content The native of Burlington appeared in 124 games with Toronto after being drafted by Dallas in the 1983 NFL draft. Schultz played in 21 games over three seasons with the Cowboys. Article content After retiring as a player, Schultz found a home in radio and TV, most notably working as a football analyst with TSN. He also became a spokesman for Purolator's Tackle Hunger Program. Article content Schultz was inducted into the Burlington Sports Hall of Fame in 2015 and the Ontario Sports Hall of Fame in 2016. He died March 4, 2021, at the age of 61. Article content Article content Volpe played for the Argos from 1949 to 1952, helping them win Grey Cup titles in 1950 and 1952. The Toronto native played a key role in the 1950 championship, affectionately dubbed the 'Mud Bowl,' kicking two field goals in a 13-0 win over the Winnipeg Blue Bombers. Article content Article content Volpe would return to the Argos in 1988, working in several capacities, including the head of Canadian scouting. He was part of seven Grey Cup championships with the franchise and held the distinction of never losing a Grey Cup. Article content A member of the University of Toronto's Athletic Hall of Fame, Volpe helped the Varsity Blues win the 1948 Yates Cup. Outside of football, he worked as a superintendent with the Peel Board of Education, CFRB radio and was an isolation director for CTV football telecasts from 1972 to 1987. Article content Article content 'It is fitting and proper that we show our utmost respect to a man who respected the organization so well,' said Argos general manager Michael Clemons. 'He was a key player in one of the most famous Grey Cup games ever, then helped assemble the wealth of tremendous Canadian talent that led us to five more titles. Article content 'But his seven Grey Cup rings don't define Nick; his smile and handshake always will. We are honouring a truly honourable man.' Article content Also on Tuesday, the Argos signed running back Kevin Brown and linebacker Aaron Casey, both Americans. They fill a need for Toronto, which lost linebacker Wynton McManis (knee) and running back Deonta McMahon (ankle) in Saturday's 29-19 loss to the Calgary Stampeders. Article content

ACES Q4/CY 2024 Mortgage QC Industry Trends Report finds quarterly defect rate falls to 1.16% as annual loan quality improves
ACES Q4/CY 2024 Mortgage QC Industry Trends Report finds quarterly defect rate falls to 1.16% as annual loan quality improves

Associated Press

time15-05-2025

  • Business
  • Associated Press

ACES Q4/CY 2024 Mortgage QC Industry Trends Report finds quarterly defect rate falls to 1.16% as annual loan quality improves

- Q4 2024 marks second-lowest defect rate on record while full-year results reflect a 9.5% year-over-year improvement despite lingering compliance and eligibility risks - DENVER, Colo., May 15, 2025 (SEND2PRESS NEWSWIRE) — 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 Industry Trends Report covering the fourth quarter (Q4) and calendar year (CY) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software. Key findings from the Q4/CY 2024 report include: 'Lenders made meaningful progress in loan quality in 2024, closing the year with one of the lowest quarterly critical defect rates we've ever observed,' said ACES Executive Vice President Nick Volpe. 'However, continued volatility across the Legal / Regulatory / Compliance and Insurance categories, as well as within the Income/Employment Eligibility subcategory, highlights the importance of ongoing diligence in quality control efforts.' Findings for the Q4/CY 2024 ACES Mortgage QC Industry Trends are based on post-closing quality control data derived from the ACES Quality Management and Control® benchmarking system and incorporate 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. The Mortgage QC Industry Trends Reports are available for free download at About ACES Quality Management ACES Quality Management 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: Over 70% of the top 20 independent mortgage lenders; Unlike other quality control platforms, ACES Flexible Audit Technology® 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 or call 1-800-858-1598. NEWS SOURCE: ACES Quality Management ### MEDIA ONLY CONTACT: (not for publication online or in print) Lindsey Neal Depth for ACES Quality Management (404) 549-9282 [email protected] ### Keywords: Mortgage, ACES Quality Management, enterprise quality management and control software, ACES Mortgage QC Industry Trends Report, DENVER, Colo. This press release was issued on behalf of the news source (ACES Quality Management) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P126219 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.

ACES Q3 2024 Mortgage QC Trends Report shows ‘sharp rise in insurance defects' for second time this year
ACES Q3 2024 Mortgage QC Trends Report shows ‘sharp rise in insurance defects' for second time this year

Associated Press

time13-02-2025

  • Business
  • Associated Press

ACES Q3 2024 Mortgage QC Trends Report shows ‘sharp rise in insurance defects' for second time this year

- Fluctuations in key underwriting categories reinforce the need for quality control - DENVER, Colo., Feb. 13, 2025 (SEND2PRESS NEWSWIRE) — 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 Industry Trends Report covering the third quarter (Q3) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software. The overall critical defect rate declined from Q2 to Q3 by nearly 17%, ending the quarter at 1.51%. Income/Employment was again the leading category of defects at 25%, followed by Assets at 16.67%. Credit and Loan Documentation tied for the third most defects at 12.12% each. Insurance defects increased more than four-fold from a nominal .65% in Q2 to 3.03% in Q3, demonstrating a volatile pattern since Q1 when the share stood at 8%. Mirroring the origination environment in Q3, lenders increased their reviews of refinances while defect share declined. Purchase defect share increased despite a decrease in purchase reviews. Conventional review share increased slightly in Q3, while FHA, USA and VA loan reviews decreased. Defects declined significantly for conventional and USDA loans this quarter, while FHA defect share increased by 25%. VA defect share increased significantly in Q3, though primarily driven by a temporary phenomenon. 'The drop in the overall critical defect rate this quarter is a welcome shift, but the underlying trends tell a more complex story. The sharp rise in insurance defects, combined with fluctuations in key underwriting categories, reinforces the need for lenders to stay agile in their quality control efforts,' said Nick Volpe, executive vice president of ACES Quality Management. 'As market conditions evolve, leveraging technology and data-driven insights will be critical to maintaining loan integrity and mitigating future risk.' Findings for the Q3 ACES Mortgage QC Industry Trends Report are based on post-closing quality control data derived from the ACES Quality Management and Control® benchmarking system and incorporate 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. The Mortgage QC Industry Trends Reports are available for download, free of charge, at About ACES Quality Management: ACES Quality Management 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: Over 70% of the top 20 independent mortgage lenders; 7 of the top 10 loan servicers; 11 of the top 30 banks; and 3 of the top 5 credit unions in the United States. 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 or call 1-800-858-1598. ### MEDIA ONLY CONTACT: (not for publication online or in print) Lindsey Neal Depth for ACES Quality Management (404) 549-9282 [email protected] ### Keywords: Mortgage, Mortgage QC Trends Report, ACES Quality Management, DENVER, Colo. This press release was issued on behalf of the news source (ACES Quality Management) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P124026 AP-R15TBLLI RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT.

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