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MortgageServicing

2017 HW Tech100 Winner: ARMCO

Managing the audit process through the entire loan lifecycle

Tech100 2

ARMCO

 

LENDING, SERVICING 

ARMCO’s flagship product, ACES Audit Technology, allows QC professionals to manage the audit process through the entire loan lifecycle, from pre-funding to post-closing to servicing.

In 2016, ARMCO launched ACESXPRESS, an implementation and service package for ACES designed specifically for small to mid-sized lenders. One of the key functions in the ACES platform is Sampling, which uses the Automated Loan Selection module. The module enables users to automate the auditing process by selecting loans for audit using a variety of sampling methodologies.

The ALS module helps reduce risk by facilitating discretionary reviews based on multiple criteria to ensure a comprehensive audit while minimizing the number of selected loans. 

armco.us

 

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An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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