Washington, D.C. (March 27, 2024) - RiskExec, Inc. (“RiskExec”) a subsidiary of Asurity Technologies®, LLC (“Asurity”), is pleased to announce the availability of the Preliminary Modified Loan Application Registers (LARs) for Home Mortgage Disclosure Act (HMDA) 2023 submission data. The Consumer Financial Protection Bureau (CFPB) has recently deposited this data in the public domain, and RiskExec has swiftly downloaded and verified the information.

RiskExec is a SaaS compliance and reporting platform designed for managing regulatory compliance for banks, mortgage lenders, credit unions, auto lenders, and digital lenders. The best-in-class solution quickly geocodes, runs edit checks, and with clean data, creates analyses to determine lending dispositions, compares to peers by market, and tracks performance towards achieving internally defined goals.

While awaiting the official release of the Respondent Panel necessary for converting this data into Depositories, Independent Mortgage Companies, and Credit Unions, RiskExec has leveraged its expertise and logic to provide users with immediate access to this critical market information.

"We understand the importance of timely access to comprehensive data for informed decision-making in the mortgage industry," said Anurag Agarwal, President, RiskExec. "With the Preliminary Modified LARs now available, RiskExec users can gain valuable insights into originations, lending trends, and top lenders' performance in 2023."

RiskExec is conducting in-depth reviews and three-year trending analyses to offer users a more detailed understanding of market dynamics and performance metrics. A snapshot of year-over-year changes reflects this:

RiskExec users can access this data today, offering them a competitive advantage in navigating regulatory compliance and optimizing lending strategies.

For more information or to schedule a demo, contact Chris Gray at riskexec@asurity.com or (202) 765-2150.