ACES Web Audit Technology

ACES Web Audit Technology

Score 7.7 out of 10
ACES (Automated Compliance and Evaluation System) Web Audit Technology


What is ACES Web Audit Technology?

ACES Risk Management's (ARMCO) flagship product is ACES (Automated Compliance and Evaluation System) Web Audit Technology™ which enables full understanding of mortgage loan quality, how to control it and how to convey it. According to the vendor, their web-based solution...
Read more

Recent Reviews

Read all reviews
Return to navigation

Product Details

What is ACES Web Audit Technology?

ACES Risk Management's (ARMCO) flagship product is ACES (Automated Compliance and Evaluation System) Web Audit Technology™ which enables full understanding of mortgage loan quality, how to control it and how to convey it. According to the vendor, their web-based solution includes highly customizable technology that places audit plans, policies and procedures in motion to significantly reduce time and risk. Additionally, the vendor says ACES is a trusted solution to pre-funding QC, post-closing QC, servicing and due diligence audit challenges. The vendor’s value proposition is that ACES can help influence a lenders’ business strategies through powerful reporting and actionable data.

ACES Web Audit Technology Features

  • Supported: Questionnaire management system loaded with pre-written questions relating to state/Federal regulations and FHA, VA, Fannie Mae and Freddie Mac program guidelines
  • Supported: Produce, send and track the receipt of re-verification letters
  • Supported: Automate "batch" requests for credit reports
  • Supported: Web-based mortgage quality control software maintained by ARMCO
  • Supported: Platform is offered via a hosted Application Service Provider (ASP)
  • Supported: Loan selection allows for unlimited loan data elements to be used in your risk criteria
  • Supported: Communication Portal for direct, recorded communication between your auditors and Areas of Responsibility (AOR)
  • Supported: Analyze and visualize data in your ACES universe for robust mortgage quality control reporting
  • Supported: Automatically validate TRID disclosures v. LOS with TRIDCompare™
  • Supported: Reduce gross defect rates by identifying missing critical documents
  • Supported: Data extraction confidence levels exceeding 95%
  • Supported: ACES Analytics leverages leading business analytics and dashboarding tools so you can compare your quality control results to industry peers.
  • Supported: Configurable to meet the unique workflow and reporting needs of the lending organization
  • Supported: Business intelligence tools for advanced reporting, analytics & dashboarding
  • Supported: Criteria-driven loan sampling to achieve highly targeted sample selections
  • Supported: Automated communication of defects between QC and appropriate areas of responsibilities
  • Supported: Indexing and data validation/extraction tools eliminate “stare and compare” fatigue
  • Supported: Loan-specific questionnaires that evolve with changing GSE and CFPB regulations
  • Supported: Action plans to remedy defect trends are captured and tracked by ACES.

ACES Web Audit Technology Screenshots

Screenshot of With Tableau software, enable any user to see or create impactful visual analysis within minutes. Provide actionable insight like never before.Screenshot of Powerfully visualize reports such as Disbursement of Loan Ratings by Fannie Mae Category and Sub-Category, Calculated Loan Rating, Disbursement of Exceptions, Calculated Loan Rating by Branch, Number of Exceptions by Assigned Loan Rating and more. Filter, sort, publish and discuss interactive data at any time. Collaboration and immediately sharing impactful findings are now easy with self-serve visual analytics.Screenshot of ARMCO’s TRIDCompare allows clients to automatically validate TRID disclosures against LOS data. Increase efficiencies and save time by matching critical documents side-by-side with a click of the mouse. Easily find discrepancies, and quickly rectify before closing a loan.Screenshot of Document indexing provides a more efficient process for the identification and organization of the multiple documents contained within a loan file. ACES makes it easy to upload data and bookmark each loan document with customized or preset categories and sub categories.Screenshot of ACES Web allows clients to reduce gross defect rates by identifying missing documents associated with a given loan file.  The set of documents needed for the loan can be customized by the client and criteria-driven.  Documents identifed as missing are then automatically requested from thje responsible party via ARMCO’s Communication Portal.Screenshot of Advanced extraction technology gives you the ability to examine signatures and other critical data elements within multiple documents side-by-side. Quickly and easily validate data with 100% transparency and identify discrepancies and potential fraud.Screenshot of Facilitate inter-organizational communication and external communication with third parties regarding loan exceptions and audits. Our platform electronically sends notifications of critical exception findings to appropriate AORs and their manager. You may configure the system to notify the AOR either in real time or when the audit is complete.Screenshot of ACES Web’s Automated Loan Selection (ALS) Module allows you to select loans for audit via statistical, straight random, stratified random and discretionary sampling. Our sampling algorithms are aligned with algorithms used by the secondary mortgage market and meet agency requirements. Further, ALS helps you reduce risk by facilitating highly-targeted discretionary reviews.

ACES Web Audit Technology Integrations

ACES Web Audit Technology Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
Supported CountriesUnited States
Supported Languagesenglish

ACES Web Audit Technology Customer Size Distribution

Small Businesses (1-50 employees)19%
Mid-Size Companies (51-500 employees)50%
Enterprises (more than 500 employees)31%
Return to navigation


View all alternatives
Return to navigation

Reviews and Ratings



(1-2 of 2)
Companies can't remove reviews or game the system. Here's why
Score 9 out of 10
Vetted Review
Verified User
Our company utilizes ACES for quality control and compliance audits.
  • ACES web audit technology is user friendly and easy to use.
  • ACES customer service is always accessible, friendly and willing to assist.
  • ACES questionnaires are complete, and compliant
  • Reporting is through Business Objects, which requires someone proficient in that technology. If ACES could provide more assistance in this area it would wonderful.
  • A more detailed user guide. Not all processes are explained well.
  • Provide the ability to view updates in a PDF format so that we can review them at one time instead of one item at a time.
The technology is very well suited for QC audits. It is also flexible enough to create audits for other purposes within the mortgage industry.
  • ACES has assisted in organizing, streamlining and automating our qc processes as well as other required audits.
  • Tena., Loanlogic and QMR
I believe ACES has a better platform for the audits that we conduct. It allows us to make changes and add questionnaires as they are needed.
February 19, 2016

ACES Review

Vickie Perfecto | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Our Quality Control Department uses ACES to QC/audit our banks' residential loans. It is also used to QC our loans we service for the GSEs and for our banks portfolio loans.
  • Peer comparisons
  • Question filtering
  • Response resolutions
  • Sampling loans
  • Production of quality loans to limit buybacks
Similarity. It had better pricing and servicing module.
Return to navigation