RiskExec has recently been updated to include the following enhancements:

Preliminary 2023 HMDA Peer Modified LARs Updated in RiskExec

The preliminary 2023 HMDA Peer Modified LARs in RiskExec have been updated to utilize the data that was made available on April 12, 2024.

Redlining Module

2024 Datasets

Many MSAs and MDs changed from 2023 to 2024. Therefore, MSA-level comparisons between 2024 census data and 2023 peer data may not be possible. However, please note that users will be able to do county-level comparisons with 2024 census data and 2023 peers, with the exception of Connecticut counties. This is because all Connecticut county boundaries changed in 2024.

If a Redlining Analysis is run on a 2024 dataset, an alert will be included in the Notes tab of the Analysis Results to notify users that this may cause geographic differences.

CRA Module

OCC Reports: Rating Area Grouping

Users now have the ability to group certain OCC reports by Rating Area. The reports with this functionality are: 

• Table O - Assessment Area Distribution of Home Mortgage Loans by Income Category of the Geography
• Table P - Assessment Area Distribution of Home Mortgage Loans by Income Category of the Borrower
• Table Q - Assessment Area Distribution of Loans to Small Businesses by Income Category of the Geography
• Table R - Assessment Area Distribution of Loans to Small Businesses by Gross Annual Revenue
• Table S - Assessment Area Distribution of Loans to Small Farms by Income Category of the Geography
• Table T - Assessment Area Distribution of Loans to Small Farms by Gross Annual Revenues

Peer Analysis Module

Respondent Group Summary Update

This report has been updated to allow users to select multiple fields to review in the report and see only the data for the selected fields. 

Fair Lending Module

BISG Proxy Results Added to Crosstab Report

Users can now set the BISG Proxy field as the columns or rows in the Crosstab report.

Difference of Means Analysis Results: Error Warning 

The Difference of Means Analysis Results have been updated to include a warning note when all data is the same and the test is unable to be completed.

Minimum Record Count Added to Pricing Regressions

Pricing Regressions will now require a minimum of 25 records in order to complete an analysis as it is generally not recommended to run regression analyses on small populations. A note will appear in the Analysis Notes tab if an analysis record count did not meet the minimum count requirement.