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Article | November 21, 2019

New Capital Partners: A Conversation with Trevor Gauthier, CEO of ACES Risk Management (ARMCO)

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.

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Press release | November 18, 2019

ARMCO Reduces QC Turn Times with ACES’ New Parallel Workflow Capability

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.

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Press release | October 24, 2019

ARMCO Completes Fast Track 45-Day Implementation Delivering on Bay Equity’s QC Update Deadline

POMPANO 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.”

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Press release | October 01, 2019

ARMCO Names Trevor Gauthier Chief Executive Officer

POMPANO 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.

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October 01, 2019

ARMCO’s Sharon Reichhardt Wins HW Tech Trendsetters Award

POMPANO 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.

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Article | September 17, 2019

Fewer critical defects in closed mortgages, but income errors rise

By 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.

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Article | September 17, 2019

MBA Insights Slideshow: ARMCO Q1 2019 Mortgage Quality Control Industry Trends

Slideshow: ARMCO Mortgage Quality Control Industry Trends

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Press release | September 16, 2019

ARMCO QC Trends Report: Loan Quality Corrects with Market’s Upturn

POMPANO 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™.

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Article | September 16, 2019

ARMCO: Technology Helped Lower Mortgage Defect Rate in Q1

By 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.

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Press release | September 10, 2019

ARMCO Expands Client Base by Adding KWIK Mortgage, The KLR Group and Several Top 25 Mortgage Lenders

POMPANO 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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