RiskExec has recently been updated to include the following enhancements.

LearningLab by RiskExec

We are excited to announce the launch of LearningLab by RiskExec, our new 30-minute product learning and optimization webinar series! Join us on Aug 22, 2024 for the first session, which will focus on the Small Business Lending Rule.

Full 2024 FFIEC Census Data in RiskExec

The final census data update was released on July 18th and has been loaded into RiskExec. This release includes the FFIEC flat file, the HUD Qualified Census Tracts (QCT), and the FFIEC distressed/underserved tracts. To apply these updates to your files and datasets, please re-geocode them.

HMDA Module

New Enhanced Quality Checks 

Edit check G034 has been added to notify the user when one or more GMI fields for Co-Applicant indicate there is no Co-Applicant, but other GMI fields are filled out as if there was a Co-Applicant.

Edit checks G035-G040 have been added to notify the user of missing or incorrect Co-Applicant GMI data.

HMDA and CRA Modules

New Field: Quarter 

Quarter has been added as a new calculated field in HMDA and CRA. This field will automatically calculate which quarter a loan is in based on the Action Date. 

Fair Lending Module

Fair Lending Sex and Fair Lending Ethnicity

For the Fair Lending Sex and Fair Lending Ethnicity fields, the description for code X has been changed from Not Reported to Other.

Census Block 

The Census Block field has been added as the last column in the Download Dataset Full export option.

Regression Analysis Results: Odds Ratio

A new column has been added to the Coefficients tab of the regression results called Odds Ratio.