RiskExec has recently been updated to include the following enhancements: BISG Proxies The latest version of the BISG Proxy available from the CFPB is based on data from the US Census of 2010. However, the 2020 Census shows a dramatic shift in the population centers and hence the BISG Proxy needs to be adjusted for […]
The "2023 A Guide to HMDA Reporting It Right!" is now available on the FFIEC's website. Click here to access the guide.
RiskExec has recently been updated to include the following enhancements: 1071 Module Final Rule Updates The team has worked diligently to make the changes required by the final rule to the 1071 module and has completed all updates. All data fields in the final rule are now reflected in the module. Since the CFPB has […]
Geocoding New Geocoding Source: Esri Esri (https://www.esri.com/en-us/home) has replaced Microsoft BING as RiskExec’s backup geocoding source. HMDA and CRA Modules Manage Custom Edit Checks Update Custom edit checks that were originally created by the RiskExec team cannot be edited. However, users can now replace these edit checks by selecting the edit check in the list […]
On March 20, 2023, the CFPB released the preliminary 2022 HMDA Peer Modified LARs. Our team has downloaded, converted, and checked the data. It is now loaded into RiskExec for immediate use. This year’s data has over 16 million records as compared to 26.12 million for 2021. In 2022, there were approximately 8.37 million Originations compared […]
March 16, 2023 (Washington, D.C.) - Today, RiskExec, Inc. (“RiskExec”), a subsidiary of Asurity Technologies, LLC (“Asurity”), announced its compliance software has been selected by Varo Bank to conduct Fair Lending analytics for its innovative financial products serving Americans living paycheck to paycheck, Varo Advance and Varo Believe. Varo Bank (www.varomoney.com) is the first all-digital, […]
RiskExec has recently been updated to include the following enhancements: HMDA and CRA Modules 2023 FFIEC Geocoding RiskExec is now checking 2023 HMDA and CRA geocoding data against the FFIEC’s 2023 geocoding site. The RiskExec FFIEC Geocoding report will display FFIEC geocodes within a few days of the FFIEC making them available. RiskExec will then […]
March 14, 2023 (Washington, DC) - Asurity Technologies, LLC (“Asurity”) is pleased to announce that industry leading CRA professional, Sarah Brons, has joined Asurity’s RiskExec® as Senior Vice President, CRA Products and Services. In this newly created role, Sarah will oversee the design and enhancement of RiskExec’s SaaS-based CRA module, shaping features and functions to […]
March 9, 2023 (Washington, D.C.) - Today, RiskExec®, a subsidiary of Asurity Technologies, LLC (“Asurity”), announced its fair lending analytics SaaS-based platform has been selected by Ironhorse Funding LLC (“Ironhorse”). Ironhorse is a leading provider of innovative, full-credit spectrum finance solutions to enthusiasts and dealers in the motorcycle, powersports, RV and marine markets. Ironhorse will […]
RiskExec has recently been updated to include the following enhancements: 1071 Small Business Lending Module Now Available in RiskExec RiskExec has launched its new 1071 Small Business Lending module (preliminary and based on the NPRM guidance) to enable users to prepare their 1071 Small Business Lending data for submission. With the new RiskExec 1071 module, […]
