Streamline your submission with RiskExec's HMDA Module.

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
RiskExec HMDA Module Hero

HMDA Analytics & Exam Preparation

  • Generate clean submission files for HMDA.
  • Automatically detect, flag, and correct errors before they become problems by using RiskExec’s® powerful edit check capabilities to apply regulatory, enhanced, and user-created custom rules.
  • Prepare for regulatory examinations by analyzing trends and performance against internal goals; percentages inside vs. outside assessment areas; peer analysis of market share reports; performance tables; and more.
  • Simplify your quality control process to ensure your data remains clean, compliant, and audit-ready by utilizing RiskExec’s® rate spread calculations.

Assessment Areas & REMAs

  • 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, conducting peer analysis, and visualizing with RiskExec’s® advanced mapping capabilities.
  • Understand where your customers are, identify gaps, and recognize opportunities for community outreach directly on the map by plotting out your lending, deposit accounts, branches, ATMs, and more.
RiskExec HMDA module image
RiskExec HMDA module

In-Module Geocoding Resources

  • Pinpoint exact geolocations with precision for accurate census tract assignments and demographic data with RiskExec’s® advanced geocoding feature.
  • Ping multiple sources with RiskExec’s geocoder to ensure the highest geocoding hit rate, delivering complete and reliable results with an intuitive user experience.
  • Access an additional manual pin-point geocoder within RiskExec’s embedded mapping tool.

Data Auditing & Permissions

  • Lock down files and govern access to other functions in the software with RiskExec’s permission settings.
  • Track changes made to records as an Administrative user.
Social Security Lock - December 2024

Dynamic Importing

  • Import various data types with ease utilizing RiskExec’s Dynamic Import Wizard.
  • Improve your efficiency by creating and saving multiple import formats, embedding custom data translations, user-defined fields, and business rules tailored to your institution.
  • Schedule imports on a daily, weekly, or monthly basis, or perform them ad-hoc.

Peer Analysis

  • Run market share analysis on public HMDA and SOD deposit data.
  • Create custom peer groups to compare your performance to other similar institutions, and identify gaps and opportunities.
HMDA
Encompass RiskExec Integration for HMDA

Encompass Integration Available

  • Utilize RiskExec’s® integration with Encompass® to embed geocoding, rate spread calculation, and regulatory, enhanced quality, and user-created custom edit checks directly into the loan lifecycle to save time and ensure accurate, compliant data.
  • Identify and correct rate spread miscalculations and data inconsistencies at the point of entry with RiskExec’s® early detection capabilities.
  • Eliminate stressful last-minute scrubbing and regulatory red flags by proactively addressing potential HMDA edit failures before submission.
  • Prevent discrepancies between Encompass® and RiskExec® and reduce the risk of regulatory scrutiny, resubmissions, and possible penalties with real-time data validation on key HMDA fields.
  • Enhance your compliance department’s operational efficiency and eliminate bottlenecks with a consistent, high-quality data flow from origination to submission.

Streamlined Submission for HMDA

Unlimited Licenses

Backed by Industry Leading Expertise

No Software to Install or Maintain

User Friendly & Intuitive

Automatic Updates with Latest Government Data

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(804) 977-1804

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