POMPANO BEACH, Fla., Sept. 27, 2016 (SEND2PRESS NEWSWIRE) — Leading web-based financial services quality control (QC) software provider ACES Risk Management (ARMCO) announced the release of ACESXPRESS™, an implementation and service package for the ACES Audit Technology platform designed specifically for small to mid-sized lenders.
“Every lender wants to improve their QC process, but not every lender has resources to implement and operate ACES the way larger lenders and servicers do,” said Phil McCall, COO for ARMCO. “With ACESXPRESS ARMCO is able to provide smaller lenders with the same valuable QC technology used by the nation’s top lenders and servicers faster and with fewer internal resources needed.”
With ACESXPRESS, ARMCO provides full system set-up and customization through the ARMCO Professional Services team, which enables smaller lenders that may lack internal IT resources to easily implement ACES in their organization. In addition, the ACESXPRESS package includes dedicated account support from an ARMCO system administrator, and users have access to all major functionality within ACES, including prepared questions, checklists, statistical modeling and reports.
“While no lender can afford to countenance loan defects, smaller lenders are especially vulnerable, as their limited resources also intensify the impact of buybacks and other loan defect consequences,” said Avi Naider, CEO for ARMCO. “ACESXPRESS enables these lenders to shore up loan quality without taxing existing resources. With ACESXPRESS now available there is no longer any reason for smaller lenders to accept compromises with their QC processes – compromises that can hurt them down the road.”
ARMCO – ACES Risk Management delivers web-based audit technology solutions, as well as powerful data and analytics, to the nation’s top mortgage lenders, servicers, investors and outsourcing professionals. A trusted partner devoted to client relationships, ARMCO offers best-in-class quality control and compliance software that provides U.S. banks, mortgage companies and service providers the technology and data needed to support loan integrity, meet regulatory requirements, reduce risk and drive positive business decisions.
ARMCO’s flagship product, ACES Audit Technology™, is available at any point in the mortgage loan lifecycle, to any size lender, and is user-definable. ACES standardizes audit requirements, ties pre-funding reviews to post-closing quality control audits, enables seamless trend analysis, identifies credit, compliance and process deficiencies and helps create manageable action plans.
For more information, visit http://www.armco.us/ or call 1-800-858-1598.
News Source: ACES Quality Management