ARMCO, a provider of web-based audit technology for the financial services industry, announced that it has chosen Phil McCall as the company’s new chief operating officer.
McCall brings more than 20 years of experience in quality control, loan origination and underwriting, mortgage fraud, loss and litigation and real estate-based transactions to ARMCO.
As COO, McCall is expected to lead ARMCO’s efforts to utilize “big data” for the company’s ACES Web Audit Technology, standardizes audit requirements, ties pre-funding reviews to post-closing quality control audits, identifies credit, compliance and process deficiencies and helps create manageable action plans.
“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 andFreddie Mac.
“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,” McCall said.