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HMDA Software Module

Your Solution for Confident & Strategic HMDA Compliance

Use RiskExec's browser-based HMDA Module to support and streamline cleanup for multiple data types and submission workflows.

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RiskExec HMDA module

Drive Strategic Growth

Transform HMDA data into competitive intelligence for smarter lending and market insights.

Boost Efficiency & Savings

Drastically cut HMDA preparation time and reduce total compliance costs.

Minimize Compliance Risk

Ensure audit-readiness, strengthen governance, and avoid costly penalties.

Gain an Expert Partner

Access deep regulatory expertise and proactive guidance to stay ahead of change.
RiskExec HMDA Module Hero

Comprehensive HMDA Compliance & Analytics

  • Generate clean, accurate submission files for HMDA reporting, automatically detecting, flagging, and correcting errors before they become problems with RiskExec's® powerful edit check capabilities.
  • Prepare confidently for regulatory examinations by analyzing trends and performance against internal goals and conducting robust peer analysis of market share reports.
  • Simplify your quality control process and ensure your HDMA data remains clean, compliant, and audit-ready by utilizing RiskExec’s® rate spread calculations and real-time data validation on key HMDA fields

Optimize Assessment Areas & Geocoding for Strategic Growth

  • Create custom assessment areas or reasonably expected marketing areas (REMAs) down to the tract level.
  • Increase reporting confidence and strengthen audit and exam preparedness by aligning results with FFIEC data and conducting peer analysis.
  • Visualize your lending, deposit accounts, branches, and ATMs directly on the map using RiskExec's® advanced mapping capabilities, helping you understand customer locations, identify gaps, and recognize opportunities for community outreach.
  • Pinpoint exact geolocations with precision for accurate census tract assignments and demographic data using RiskExec's® advanced geocoding feature, ensuring the highest geocoding hit rate by pinging multiple sources.
RiskExec HMDA module

Seamless Data Management & Integration

  • Import various data types with ease utilizing RiskExec's Dynamic Import Wizard, improving efficiency by allowing you to create and save multiple import formats, embedding custom data translations, and applying business rules tailored to your institution.
  • Automate data flow by scheduling imports on a daily, weekly, or monthly basis, or perform them ad-hoc.
  • Utilize RiskExec's® integration with Encompass® or Meridianlink® to embed geocoding, rate spread calculation, and regulatory, enhanced quality, and user-created custom edit checks directly into the loan lifecycle.
  • Identify and correct rate spread miscalculations and data inconsistencies at the point of entry with RiskExec's® early detection capabilities, preventing issues before submission and eliminating stressful last-minute data scrubbing.

Robust Oversight & Risk Mitigation

  • Lock down files and govern access to other functions within the software with RiskExec's robust permission settings.
  • Track all changes made to records as an Administrative user, enhancing accountability and compliance.
  • Run in-depth market share analysis on public HMDA and SOD deposit data, and create custom peer groups to compare your performance to other similar institutions, identify performance gaps, and uncover growth opportunities.
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Save on costs, modernize your process, and address compliance needs with confidence with RiskExec's HMDA module.

Want to learn more about RiskExec? Connect with
our experts today.

info@riskexec.com 
(865) 544-8525

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