ACES News

Follow ACES Announcements, Media Coverage, and Conference Schedule

Press release | February 15, 2018

ARMCO Named a ‘Top 100 Mortgage Employer’ by National Mortgage Professional Magazine

POMPANO BEACH, Fla., Feb. 15, 2018 — ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology™, announced that was named among National Mortgage Professional (NMP) magazine’s annual Top 100 Mortgage Employers list for 2018. This is the second consecutive year the company has been recognized with this distinction.

Click here to read

January 31, 2018

Critical errors continue to rise as market shifts to purchases

National Mortgage News
By Brad Finkelstein
January 2018

Lenders need to be aware of a possible investor backlash as critical defects found in closed loans increased in frequency as the shift continued to a purchase market. These defects, the errors that make a mortgage loan uninsurable or ineligible for sale in the secondary market, were seen in 1.76% of all mortgages originated in the second quarter, up from 1.61% in the first quarter and 1.63% in the second quarter of 2016, according to Aces Risk Management.

View Article Source

January 31, 2018

Mortgage market generates more defective loans for third consecutive quarter

HousingWire
By Kelsey Ramírez
January 2018

The mortgage market is generating more defective loans for the third consecutive quarter, however, one expert claimed this increase is to be expected. The critical defect rate increased for the third consecutive quarter, reaching 1.76% in the second quarter of 2017, according to the ARMCO Mortgage QC Trends report from ACES Risk Management. This is up 9% from 1.61% in the first quarter last year. A critical defect is defined as a defect that would result in the loan being uninsurable or ineligible for sale. The critical defect rate comprises loans in which at least one critical defect was identified during the post-closing quality control review.

View Article Source

Press release | January 30, 2018

Critical Loan Defect Rates Increase for Third Consecutive Quarter

POMPANO BEACH, Fla., January 30, 2018 — ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software ACES Audit Technology™, announced the release of the ARMCO Mortgage QC Trends Report for the second quarter of 2017.

Click here to read

January 19, 2018

MBA New Jersey Regional Conference

ARMCO will be exhibiting at the MBA's 35th Emerald Anniversary Regional Conference of MBAs March 27-28, 2018 in Atlantic City, NJ. We'd love to meet with you and discuss your quality control audit technology needs and the latest ACES developments.

Email an ARMCO sales representative and schedule a convenient time or come visit us at booth 406. MEETING REQUEST

Click here to read

January 18, 2018

MBA Independent Mortgage Bankers Conference

ARMCO will sponsor and exhibit at the MBA's Independent Mortgage Bankers Conference January 22-24 in Amelia Island, FL. We'd love to meet with you and discuss your quality control audit technology needs and the latest ACES developments.

Email an ARMCO sales representative and schedule a convenient time or come visit us at booth 16. MEETING REQUEST

Click here to read

January 17, 2018

NEXT™ Women's Mortgage Technology Conference

Sharon Reichhardt, Director of Client Services, has been selected for the following panel at NEXT, the women's mortgage technology conference.

OCC & CFPB Audits: What to Expect and How to Protect your Company -- Garden Court III

Wednesday, January 17th, 2018 at 9:13 AM

Tap into a Top 25 lender's experience on what it's like to go through an OCC or CFPB audit. This discussion details the ins-and-outs of an audit, including the surprise challenges, typical pitfalls, and recommendations on what you can do to prepare your operations and protect your company.

Click here to read

Improve Productivity And Quality While Controlling Costs And Risk

Request a demo