July 2019 marked the beginning of NCP’s partnership with ACES Risk Management (ARMCO), the leading provider of enterprise transaction risk management solutions to the financial industry. Trevor Gauthier joined the ARMCO team in October as Chief Executive Officer, bringing 20 years of executive experience in enterprise SaaS technology solutions and a track record of leading high-growth companies. We talked to Trevor about his professional history, his role at ARMCO and his plans for the future of the company.
POMPANO BEACH, Fla., Nov. 19, 2019 — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced several product enhancements to its auditing platform, ACES Audit Technology™. This upgrade introduces a new parallel workflow capability that saves time and reduces turn times while maintaining the quality of staff output. The ultimate result of this feature is faster loan delivery.
ACES’ new parallel workflow increases efficiency by enabling multiple analysts to concurrently evaluate different parts of the same loan. It also automates task prioritization to assure the fastest cycle times for each loan.
Click here to readPOMPANO BEACH, Fla., October 24, 2019 — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has implemented ACES Audit Technology™ for Bay Equity Home Loans, well within the lender’s 45-day deadline for launching its new quality control (QC) operations.
“It was a tall order to get everything up and running, configured, and have everyone trained within 45 days,” said Cyndi Clouse, AVP of Quality Control for Bay Equity. “ARMCO’s team was with us literally every step of the way. It’s a 180-degree difference from implementations where you can feel abandoned once you sign the contract.”
Click here to readPOMPANO BEACH, Fla., Oct. 1, 2019 — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, today announced that Trevor Gauthier has been appointed as CEO and board member of ARMCO. Avi Naider, who led ARMCO for the past 10 years as CEO, will transition to the board of directors.
Click here to readPOMPANO BEACH, Fla., Oct. 2, 2019 — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, today announced that Sharon Reichhardt, the company’s vice president of client success, has been named a winner of HousingWire’s inaugural Tech Trendsetters award.
Click here to readBy Brad Finkelstein
September 16, 2019
While the critical defect rate for closed mortgage loans fell on a quarter-to-quarter basis, there were increases in income and packaging-related deficiencies, an Aces Risk Management study found.
Click here to readSlideshow: ARMCO Mortgage Quality Control Industry Trends
Click here to readPOMPANO BEACH, Fla., Sept. 16, 2019 — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk management solutions, announced the release of the quarterly ARMCO Mortgage QC Trends Report. The latest report covers first quarter (Q1) 2019 and provides loan quality findings for mortgages reviewed by ACES Audit Technology™.
Click here to readBy Patrick Barnard - September 16, 2019
The rate of critical defects in mortgage loans continued to fall in the first quarter, dropping to 1.82% of all loans, a decrease of 6% compared with 1.93% of all loans in the fourth quarter of 2018, according to the ARMCO QC Trends Report.
Although the rate of defects was down overall, there was a slight uptick in defects related to underwriting and eligibility, with more defects attributed to income/employment than any other category.
Click here to readPOMPANO BEACH, Fla., Sept. 10 2019 — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, has announced that it has achieved significant growth during the first two quarters of 2019, the result of acquiring new clients, including KWIK Mortgage, The KLR Group and several top 25 mortgage lenders.
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