Explore RiskExec's full suite advantages and the many benefits of our flexible, easy-to-use browser-based SaaS solution for all lending portfolios.
RiskExec has recently been updated to include the following enhancements:
Reports
Role Change Log Report
A new report has been added to RiskExec to track changes to User Roles. This report can be accessed via the Reports button in the top bar of RiskExec’s home screen.
Columns explained:
Note: A user must have the User Report permission included in their Manage Institution Role to access this report.
Redlining Module
Shortfall Calculation Update
A tooltip has been added to the Analysis Results for when the Shortfall value is NA. The Shortfall will be NA if:
The tooltip will explain which scenario resulted in the NA value.
HMDA and CRA Modules
Executive Summary Report
This report has been updated to allow users to select which fields they would like to view.
FFIEC Regulatory Report
The FFIEC report drop down and the FFIEC report name have been updated to include (Legacy). We wanted to continue to provide this report to users, while recognizing the format may no longer be used by regulators. The content and format of this report has not changed.
HMDA Module
New Thresholds for Enhanced Quality Edits
The thresholds for the below Enhanced Quality Edit Checks have been updated to reflect current market conditions:
GV15 - Discount Points value is outside the expected normal values.
GV19 - Lender Credits value is outside the expected normal values.
GV23 - Origination Charges value is outside the expected normal values.
These new ranges will be applied when you re-run Edit Checks on your files.
Explore RiskExec's full suite advantages and the many benefits of our flexible, easy-to-use browser-based SaaS solution for all lending portfolios.