"Big data is going to be one of the key themes in 2015 from a mortgage quality control and regulatory compliance perspective," said Avi Naider, chairman and chief executive officer for ARMCO. "Phil McCall's extensive background in QC and underwriting is an asset to ARMCO and will aid us in continuing to refine our ACES quality control software and compliance technology so that our customers can leverage big data to its maximum benefit."
Prior to joining ARMCO, McCall served as COO for forensic loan auditing and loan data verification provider IMARC. Previously, he held executive positions with three private mortgage banking firms, serving as a liaison between the firms and Wall Street and being actively engaged as a seller/servicer with Fannie Mae and Freddie Mac.
"I've been familiar with ARMCO and its executive leadership for a number of years. With the heightened emphasis from the Consumer Financial Protection Bureau (CFPB) and the GSEs regarding risk management and quality control, I have seen ARMCO make the necessary enhancements to the ACES software to meet the increased demands in the market," McCall said. "As COO, my goals are to guide ARMCO through this next phase of growth and to help expand the services designed to position mortgage quality control professionals for proactive problem resolution."
About ARMCO:
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 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 Web Audit Technology(TM), is available at any point in the mortgage loan lifecycle, to any size lender, and is user-definable. ACES Web 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 1-954-202-5606.
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*Photo Caption: Phil McCall.
NEWS SOURCE: ARMCO ACES Risk Management :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by Send2Press® Newswire, a service of Neotrope®.