RiskExec has been updated to include the following enhancements:

2024 Preliminary HMDA LAR

On March 31, 2025, the CFPB released the Preliminary 2024 HMDA Peer Modified LAR. The RiskExec team has downloaded, converted, and checked the data. It was loaded into RiskExec on April 1, 2025 for immediate use.

RiskExec takes great pride in being the first in the industry to make this vital dataset available to clients within 24 hours of the CFPB release. This year’s data has over 12.1 million records from 4,898 Respondents, compared to 11.5 million records from 5,000 Respondents for 2023. In 2024, there were approximately 6.15 million Originations, compared to 5.7 million in the 2023 HMDA Peer. For more information about this dataset, see this article.

Upcoming RiskExec Data Purge: 2018

In accordance with RiskExec's 7-year data retention policy, we will soon begin purging 2018 data from the RiskExec platform. This data purge is scheduled to take place on April 9, 2025.

If you wish to retain any of your institution's data from 2018, please ensure that you download it within the next 6 days. Otherwise, no action from you is needed, and the purge will proceed as scheduled.

Should this timeline present any challenges, kindly let our support team know by emailing support@riskexec.com as soon as possible so that we can assist you accordingly.

Peer Analysis Module

New Report: Peer Branches By Census Tract

A new report has been added for Geographical Deposits Peer Sets called Peer Branches By Census Tract. 

This report is populated by the FDIC Statement of Deposits data and therefore only contains Bank Branches. This report does not include Credit Union Branches. 

Columns explained: 

• Total - Total branches and deposits for all institutions in the geography.
  • Branch Count - Total number of branches for each institution in the geography.
  • Deposits - Total amount of deposits for each institution in the geography.
• Tract LMI Total - This section is dependent upon the category chosen in the top left corner of the report. In this example, it is the total counts and percentages in LMI tracts for each institution in the geography.
  • Branch Count - Total number of branches in LMI tracts for each institution in the geography.
  • Branch Count % - Percentage of branches in LMI tracts for each institution in the geography.
  • Deposits - Total amount of deposits in LMI tracts for each institution in the geography.
  • Deposits % - Percentage of deposits in LMI tracts for each institution in the geography.

HMDA, CRA, and 1071 SBL Modules

Geocoding: Zip Centroid to State 

Users now have the option to zip centroid to state for any records that cannot be geocoded by RiskExec. Zip centroid to state will fill the state code based upon the state that the zip code’s center point is located in. The county and tract codes will be set to NA.

Note: For those records that are not automatically geocoded by RiskExec, our Geocoding Best Practices Guide strongly recommends that users attempt to locate addresses using other methods before using zip centroid.

1071 SBL Module

Dynamic Import Wizard: Ability to Save Multiple Translations 

Previously, any changes saved to the Translation Table would affect all data fields that share the same code type. As an example, we will look at the Type of Guarantee 1 and Type of Guarantee 2 fields in 1071 SBL. 

Previously, if a user clicked on the Transform button for Type of Guarantee 1:

And then set 999 as the value if the data was blank: 

Blank values would then be set to 999 for all of the Type of Guaranty fields the user had mapped. 

Users now have the ability to save translations for a specific data field, and no other, by unchecking a new option labeled Share translations with other data fields with same code type.

By default, the checkbox will be checked, and all translations will be saved for all fields with the same code type, as they have been in the past. Unchecking the box and saving changes to the Translations table will now save the changes specifically for that data field, and no other. 

In the above example, this is an important enhancement because, for Type of Guaranty 1, if the incoming data value is blank, the value should be reported as 999 for No Guarantee. However, for Type of Guaranty 2, if the incoming data value is blank, the value should be reported as blank.

All Modules: New Computed Fields

Application Year-Month, Action Taken Year-Month, and Lock In Year-Month

These fields are available as filter options, as well as fields in the File Crosstab report where applicable, in their respective modules. See below for the modules in which each of these fields are available. 

• Application Year-Month - HMDA, CRA, Fair Lending - HMDA, Redlining - HMDA, 1071 SBL, Batch Geocoding
• Action Taken Year-Month - HMDA, CRA, Fair Lending - HMDA, Redlining - HMDA, 1071 SBL
• Lock In Year-Month - HMDA, Fair Lending - HMDA, Redlining - HMDA

Filtering by any of these fields will give the user the options for Prior Year and all twelve months. 

Please Note: If the values for any of these fields are NA or blank, those records will NOT be captured by these filter fields. 

For example, the Application Year-Month filter has been selected. 

Selecting Prior Year will filter for all records in the file that have an Application Date in the year prior to the File year of the data being filtered. Selecting any of the month options will filter for records with an Application Date in that month or months. 

LMI Census Tract

This field is available as a filter in all modules and also as a field option in all File Crosstab reports, where applicable. Additionally, it is available as a variable in the Fair Lending module for all model types and all Fair Lending Types. 

Previously, the only way to use borrower income or tract income in the Fair Lending module was to use separate categories for Low Income and Moderate Income. Now, users can choose the new variable for combined LMI called LMI Census Tract.