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ARMCO Announces New COO

NewFlorida-based Aces Risk Management (ARMCO), a provider of Web-based audit technology for the financial services industry, has tapped mortgage quality control expert Phil McCall to serve as COO.

According to an announcement, McCall brings more than two decades of experience in quality control, loan origination and underwriting, mortgage fraud, loss and litigation, and real-estate based transactions to the firm.

Prior to joining ARMCO, McCall served as COO for IMARC, a provider of forensic loan auditing and loan data verification. Previously, he held executive positions for three private mortgage banking firms, serving as a liaison to Wall Street and working as a seller/servicer with Fannie Mae and Freddie Mac.

In a release, ARMCO said McCall will be responsible for leading the company's efforts to maximize big data benefits in its ACES Web Audit Technology.

"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 CEO 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."

In his own remarks, McCall said he's known ARMCO and its executive leadership for years now and is familiar with the company's efforts to make enhancements to its software to meet risk management and quality control needs for users.

"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," he said.

About Author: Tory Barringer

Tory Barringer began his journalism career in early 2011, working as a writer for the University of Texas at Arlington's student newspaper before joining the DS News team in 2012. In addition to contributing to DSNews.com, he is also the online editor for DS News' sister publication, MReport, which focuses on mortgage banking news.
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