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RiskExec has recently been updated to include the following enhancements:
2021 Community Reinvestment Act (CRA) Peer Data Available
On December 15, 2022, the Federal Financial Institutions Examination Council (FFIEC) announced the availability of the 2021 Community Reinvestment Act (CRA) peer data. This dataset includes small business, small farm, and community development lending data reported by certain commercial banks and savings associations. RiskExec has now been updated with this dataset and 2021 CRA reporting is now available within the Peer Analysis module.
Assessment Area Module
Maps: Batch Export
Users now have the ability to export maps for all Areas in their Assessment Area Set at one time. To do so, click on the Assessment Area Set and select View Map.
Then, click on Export and select Export All Areas.
RiskExec will then export each map of all Areas within the Assessment Area Set individually.
Tracts Demographics Report
Three new metrics have been added to this report:
HMDA and CRA Modules
Filter Update
Users can now select a saved filter by clicking on the arrow next to Search Applications (in HMDA) or Search Loans (in CRA). Once a filter is selected, the record list will open automatically with the filter applied.
Fair Lending Module
New Dataset Report: Housing Units and Demographics
Note: An Assessment Area Set must be attached to the dataset selected before running this report.
This report shows the Unit Count for each housing type and the Loan Count for each coded field broken down by the Assessment Area Set attached to the selected dataset.
Explore RiskExec's full suite advantages and the many benefits of our flexible, easy-to-use browser-based SaaS solution for all lending portfolios.