Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
RiskExec has recently been updated to include the following enhancements:
Preliminary 2023 HMDA Peer Modified LARs Available in RiskExec
On March 25, 2024, the CFPB released the preliminary 2023 HMDA Peer Modified LARs. Our team has downloaded, converted, validated, and loaded the data into RiskExec for immediate use. This data may be updated once more before the 2023 HMDA Peer National Snapshot is released in June 2024.
The 2023 data has over 11.5 million records from over 5,000 Respondents, compared to 16 million records from 4,440 Respondents for 2022. For more information, see this Help Center article.
Additionally, the state files are available for download in the Peer Analysis module under HMDA Peer Data.
Peer Analysis Module
HMDA Respondent Group Disparity Indices Report
This report has been updated to include Combined Race/Ethnicity as a report option.
HMDA and CRA Modules
Branch and ATM Distribution Report
This report has been updated to include MBCT, MBHCT, MHCT, and Distressed/ Underserved as Report Field options.
Assessment Area Module
Demographic Information For Geography Report
This report has been updated to include MBCT, MBHCT, MHCT, and Distressed/ Underserved as report Categories.
Fair Lending, Redlining, Fair Servicing, and Batch Geocoding Modules
Crosstab Report Record Drilldowns
The Crosstab Report has been updated to allow users to drill down into the records in this report. To do so, click on a hyperlinked number in the report to pull up the record list.
CRA Module
RiskExec Full Data Export Format
This export format has been updated to include the CD Loan Description field.
Maps
Banking Markets Layer Update
The Banking Markets map layer has been updated to match some updated definitions of the Federal Reserve System. The data is provided by CASSIDI - Federal Reserve Bank of St. Louis, https://cassidi.stlouisfed.org.
Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
Learn more about the Goals Module and its key monitoring and reporting features.
Learn about the changes of state consumer protection and the responsibility of financial services institutions to pursue operational excellence and a culture of compliance.