RiskExec Product Release Notes - April 2, 2018

April 2, 2018
RiskExec Product Release Notes as of April 2, 2018.

HMDA

ULI Generator - create Universal Loan Identifiers for applications.

If a HMDA LAR includes a group of loans that require an updated ULI, a user can now utilize this function to create an appropriate ULI for each record. The ULI generator will merge your institutions LEI to the application number and append the appropriate check digits to the record.

This function can be accessed from “Edit Core Data” in the application detail screen to generate a ULI for an individual record. Additionally, if a record already contains a partial ULI consisting of the merged LEI and application number, the “Add Check Digits” option will calculate and append appropriate check digits to complete the ULI.

The function can also be utilized from a list of applications to generate individual ULIs for a group of loans. This includes filtered lists of applications and lists from the edit check screens.

REPORTING

HMDA LAR report – adapted for 2018.

Area Tracts Not Penetrated report – enhanced to include state and county groupings.

Out of Assessment Area report – enhanced to include state and county groupings and filtering options.

FAIR LENDING

Analysis Results Summary Report - view results of multiple regression analyses.

INFORMATION SECURITY

Security Upgrades – improvements included in this release.

RiskExec routinely monitors for information security risks through various evaluations and system testing. When necessary, enhancements are made to upgrade and maintain the highest levels of system security.

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