ARMCO News

ACES Risk Management Corp (ARMCO) is regarded as a thought leader in the mortgage finance market. Check out recent press release announcements, panel/discussion appearances and articles.




March 05, 2018

Rising loan errors spell trouble ahead

Herald 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...

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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.

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January 30, 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...

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ACES Automated Document Manager

January 30, 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...

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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. The ARMCO Mortgage QC Trends Report for second quarter 2017 relays loan quality findings for mortgages reviewed by ACES Audit Technology...

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December 13, 2017

ARMCO Releases Q3 2017 QC Trends Report

The critical defect rate increased for the third consecutive quarter, reaching 1.76 percent in Q2 2017, an increase of 9 percent over the Q1 2017 critical defect rate of 1.61 percent.

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