ARMCO News

Article | March 12, 2020

ARMCO: Rate of Loan Defects Continued to Drop in Q3

By Michael Bates at MortgageOrb

Increasing refinance volume continued to drive down the rate of defects in mortgage applications in the third quarter of 2019, according to ARMCO’s most recent Mortgage QC Trends Report.

The overall rate of critical defects was 1.56%, a decrease of 9% compared with the second quarter and a decrease of 19% compared with the peak, which occurred in the fourth quarter of 2018.

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Article | March 12, 2020

ARMCO: Critical Defect Rate Drops 9%

By staff at MBA NewsLink

ACES Risk Management, Denver, said the overall critical defect rate reached 1.56% in the third quarter, to the lowest defect rate since 2016.

The company’s quarterly Mortgage QC Trends Report said the decrease represents a 19% improvement from the most recent critical defect rate peak, which occurred in Q4 2018.

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Press release | March 11, 2020

Refinance Spike Drives Continued Decrease in Critical Defect Rate, According to Q3 2019 ARMCO Mortgage QC Trends Report

DENVER, Colo., March 12, 2020—ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, announced the release of the quarterly ARMCO Mortgage QC Trends Report. The latest report covers third quarter (Q3) 2019 and provides loan quality findings for mortgages reviewed by ACES Audit Technology™.

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Press release | March 06, 2020

ARMCO Makes HW Tech100 Mortgage List for Sixth Consecutive Year

DENVER, Colo., March 6, 2020—ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, announced today it has been named to the 2020 HW Tech100™ Mortgage list published by mortgage industry trade magazine HousingWire. This marks ARMCO’s sixth consecutive appearance on the HW Tech100 list, which highlights tech innovation that captures the entire U.S. housing economy, spanning real estate to mortgage lending, servicing and investments.

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Article | March 04, 2020

How to Keep the Focus on Loan Quality in The Face of Regulatory Change

Expert Perspectives: ARMCO’s Director of Compliance, Kacey Olson

  • Importance of Fannie Mae and FHA taxonomies.
  • How to best manage loan quality leveraging these taxonomies.
  • How to best prepare for HMDA changes


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Article | March 02, 2020

2020 HW Tech100 Mortgage winner: ARMCO

by HousingWire staff

ACES Audit Technology expedites turn times, increases reliability and imparts standardization, accountability and auditability in virtually any quality control process. It can be used across departments and silos, regardless of how nuanced the requirements or regulations are. ARMCO consolidated QC for mortgage and consumer lending into one central unit and reduced monthly reports for lenders from eight manually compiled reports to one interactive report.

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Conference | March 02, 2020

CBA Live Conference: March 23-25, 2020

ARMCO will be exhibiting at the CBA Live Conference March 23-25, 2020 in San Diego, CA. We'd love to meet with you and discuss your Consumer Lending quality control & compliance goals.

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February 27, 2020

ARMCO Enhances ACES IQ with Addition of HMDA Questionnaires

DENVER, Colo., February 27, 2020—ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, announced today it has added questionnaires related to the Home Mortgage Disclosure Act (HMDA) to the ACES Intelligent Questionnaire (ACES IQ) functionality contained within the ACES Audit TechnologyTM system. With this set of HMDA-specific questions, ACES users can quickly and easily conduct quality control on their HMDA data before reporting this data to their assigned federal HMDA regulator.

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Article | February 18, 2020

The Biggest Hurdles Facing Servicing Quality Control and How to Rise Above it

Expert Perspectives: ARMCO’s EVP of Operations, Sharon Reichhardt

  • Perennial quality control issues that mortgage servicers are continuously trying to address.
  • How disaster planning impacts servicing qc.
  • How servicers can use technology to stay on top of QC.


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Press release | January 30, 2020

ARMCO Reports Strong 2019, Eyes Further Growth and Expansion in 2020

DENVER, Colo., January 30, 2020— After a remarkable 2019, ACES Risk Management (ARMCO), the leading provider of enterprise financial risk mitigation solutions, is looking ahead to 2020 for what promises to be an outstanding year. In addition to adding several lenders to its growing roster of clients – including Bay Equity Loans, KWIK Mortgage, The KLR Group and multiple top-25 mortgage companies – ARMCO also achieved a company record in 2019 of one million audits conducted in a single year in its flagship audit platform ACES Audit TechnologyTM.

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