POMPANO BEACH, Fla., May 31, 2018 — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation software solutions, has announced several product enhancements that improve the mortgage quality control (QC) process for lenders and servicers using its auditing platform ACES Audit Technology™.
Click here to readPOMPANO BEACH, Fla., May 16, 2018 — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation software solutions, announced an integration with BankVOD, the company that pioneered the electronic risk interface for asset verifications. This integration, which provides a direct, seamless connection between ARMCO’s ACES Audit Technology™ and BankVOD’s Verification Hub™, enables ARMCO clients the ability to order Asset Verifications, 4506-T, Employment and Occupancy and Liens & Judgments on a batch or flow basis, and receive the data via a secure electronic transfer directly into their ACES instance.
Click here to readMBA Insights
By MBA Insights Staff
May 2018
ACES Risk Management — ARMCO Q3 2017 QC Industry Trends Report.
View Article SourceMortgage Professional America
By Francis Monfort
April 2018
An increase in the share of refinances drove the first decline in mortgage critical defects in 2017 during the third quarter, according to the Mortgage QC Trends Report released by ACES Risk Management (ARMCO).
View Article SourcePOMPANO BEACH, Fla., April 26, 2018 — ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation software solutions, announced the release of the ARMCO Mortgage QC Trends Report. The latest report is for the third quarter of 2017, which relays loan quality findings for mortgages reviewed by ACES Audit Technology™ between July 1, 2017 and September 30, 2017.
Click here to readPOMPANO BEACH, Fla., Apr. 24, 2018 — ACES Risk Management (ARMCO), the leading provider of financial risk mitigation and compliance solutions, announced that it has won HousingWire’s fifth annual HW Tech100™ award, which recognizes the 100 most innovative technology companies in the U.S. housing economy. This is the fourth consecutive year that ARMCO has won the prestigious award.
Click here to readHousingWire
By Kelsey Ramírez
April 2018
As purchase mortgages shrank in the third quarter last year, the number of critical defect rates decreased, according to the Q3 2017 ARMCO Mortgage QC Industry Trends report from ACES Risk Management. A critical defect is defined as a defect that would result in the loan being uninsurable or ineligible for sale. The critical defect rate reflects the percentage of loans reviewed for which at least one critical defect was identified during the post-closing quality control review and all reported defects are net defects.
View Article SourceMBA NewsLink
By MBA NewsLink Staff
April 2018
ACES Risk Management, Pompano Beach, Fla., said its quarterly Mortgage QC Trends Report showed critical loan defect rates fell by 6 percent in third quarter 2017, the first such drop for that calendar year.
View Article SourcePOMPANO BEACH, Fla., Apr. 5, 2018 — ACES Risk Management (ARMCO), the leading provider of financial risk mitigation and compliance solutions, has announced that it has launched The Compliance NewsHub, the mortgage industry’s first free comprehensive searchable online resource for regulation-related news and information.
Click here to readHerald Tribune
By Lew Sichelman
March 2018
Fortunately, the upward trend in defective home loans is not likely to impact borrowers — at least not directly, says Phil McCall, president of ACES Risk Management (ARMCO), which offers quality control services to lenders. But bad loans could have devastating consequences for mortgage producers, who could be forced to buy them back from investors who purchased them on the secondary market.
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