Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
CRA Module
Regulatory Reports
RiskExec has added a set of reports that analyze the percentage of mortgage loans by income tract classification (low, moderate, middle and upper), located within your linked HMDA file.
Additional reports covering small business and small farm loans have also been added.
Additional calculations for Aggregate Performance of a CRA file measured against the CRA Peer Data have also been added to the Geographic Distribution of Small Business and Small Farms Reports.
HMDA and CRA Modules
Edit a Field Batch Operation Update
Users can now use the Edit a Field batch operation to check a checkbox. To use this operation, select a field from the Field dropdown that is the checkbox field type and then select either Checked or Unchecked as the Value.
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.