RiskExec has been updated to include the following enhancements:

RiskExec - HMDA Module

RiskExec's HMDA ICE Encompass Integration now includes Automated Service Ordering!

Automated Service Ordering allows users to set up their Encompass instance to automatically run RiskExec’s Geocoding, Rate Spread, and Edit Check functionality on their loans if data field values are changed. For example, you can set up the Geocoding service to run as soon as you enter and save a loan’s property address information.

For more information about RiskExec and its integration with Encompass, visit RiskExec in the ICE Marketplace or email sales@riskexec.com.

HMDA, CRA, and 1071 SBL Modules

Ability to Require Comments

Users with Administrator access to a HMDA, CRA, or 1071 SBL file have two new setting options in the File Setup tab: Require Comment on Save Application and Require Comment on Delete Application.

Ability to Select a Destination File Part and/or Filter when Merging Files

When using the Merge Files function, users will now be able to choose if they would like to create a new File Part for every file they are merging in (matching previous functionality), or, they can choose an existing File Part to merge the data into. Additionally, users will be able to filter the data being merged once they have selected at least one file.

Executive Summary Report Update

If a user creates or edits a coded user-defined field, they will now be able to choose to include it as a row in the Executive Summary report under Executive reports.

HMDA, CRA, Fair Lending, Redlining and Fair Servicing Modules

Dynamic Import Wizard: Alternate Identifier

The Dynamic Import Wizard has a number of capabilities that allow users to update their datasets. To accomplish this, a specific field needs to be identified that allows the RiskExec system to understand which RiskExec record(s) to update. The Application Number and/or ULI are not always sufficient as the only record identifier options. All modules now include a new core field called Alternate Identifier.