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:
LearningLab by RiskExec
The RiskExec homepage has been updated with the registration link to our next LearningLab webinar on September 26, 2024. Click here to register.
1071 SBL Module
Manage User-Defined Field Tabs
Users can now manage their own User-Defined Field tabs for 1071 SBL. To do so, click on Manage Custom Tabs under User-Defined Fields in Manage Institution.
SBL will now be an option. To learn more about managing custom tabs, see this article.
Note: To have additional custom tabs added to HMDA, CRA, or 1071 SBL, please submit a request to RiskExec.support@asurity.com. Then, the new tab(s) will be available to organize in the Manage Custom Tabs.
CFPB Beta Small Business Lending Data Filing Platform
The CFPB Beta SBL Data Filing Platform is now live. To export a data file for testing on the Platform, use the Regulatory SBL Export format in the Export tab of your 1071 SBL file.
Then, go to https://sbl-beta.cfpb.gov/ to upload, test, and validate your data file. All uploaded data is only for testing purposes and can be removed from the Platform at any time. Note: The CFPB stated that “it is imperative that they [participants] do not use actual customer data.”
HMDA, CRA, and 1071 SBL Modules
Saved Report Format
If a user loads a saved Report Format, the name of the format will now display in the top left corner of the record list.
Fair Lending Module
Analysis Notes
A new column has been added to the analysis list in Fair Lending called Notes. If a user enters notes when creating a new analysis, those notes will display when hovering over the notes icon.
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.