As part of RiskExec’s annual virtual event titled “RiskExec Connect 2025,” Arielle Sutherland, Director of Compliance Products at RiskExec, sat down with Dan Matthews, Director of Fair and Responsible Banking at Synovus, and Shannon Thomason, Senior Vice President and Deputy Chief Compliance Officer at Central Bank, to discuss how modernization is changing the way institutions […]

CRA Module New Regulatory Report: Mortgage Payment Affordability Users can access this report under Regulatory reports in the FDIC, FRB, or OCC report lists. This report analyzes housing affordability for LMI families by comparing their maximum affordable mortgage payment to the monthly cost of a home at the median housing value. FDIC Reports Update This report […]

HMDA, CRA, and 1071 SBL Modules Record List Updates: Create Export File The location of the Create Export File button has been changed. Users can now access this option by clicking on the Export button and selecting Create Export File. Record List Updates: Custom Export A new user interface has been created to allow users […]

In a recent RiskExec panel webinar, leaders Annie Perizzolo of American Express and Chris Turner of FNBO shared firsthand insights from their 2025 Community Reinvestment Act (CRA) exam experiences. The discussion revealed significant shifts in regulatory expectations, and offered actionable strategies for financial institutions preparing for upcoming exams. The Evolving Landscape of CRA Exams Both […]

Fair Lending Module Dynamic Variables: Ability to Search Users now have the ability to search for a particular variable in the Dynamic Variables screen. To find a variable, begin typing the name or any of the criteria. Lock Month, Action Month, and Application Month Dynamic variables for action, application, and lock date fields have been […]

Encompass Integration Automated Download to eFolder RiskExec's HMDA ICE Encompass Integration now includes the ability to automate downloading the Geocoding, Rate Spread, and Edit Check results to the loan’s eFolder. RiskExec API Ability to Extract Public Datasets The RiskExec extract API can now be used to download public datasets. CRA Module Suppress Assessment Areas with […]

RiskExec has been updated to include the following enhancements: HMDA, CRA, and 1071 SBL Modules Restore Historical Import Settings Users now have the ability to restore import formats that have been overwritten or deleted. Username and Date/Time Stamp Added to Uploads The name of the user who uploaded a file and the date/time stamp of […]

The New York State Legislature officially amended the state Community Reinvestment Act (CRA), Section 28-b of the New York Banking Law, to require the Department of Financial Services to evaluate how banks are serving the credit needs of minority- and women-owned businesses (MWOBs). The Department issued regulation 3 NYCRR § 76.16 (Section 76.16) to implement […]

CRA Module Multi-Year OCC Reports Users can now run the Regulatory OCC reports on multiple years at once. Fair Lending Module Core Dynamic Variables - HMDA Dataset Type To streamline model setup within the Fair Lending module for HMDA datasets, a new set of Core Dynamic Variables has been added. Data Quality Models: Choosing Numeric, […]

Redlining Analysis Module Analysis Results: Export All Tabs Users now have the ability to export all tabs of a Redlining Analysis into a single report.  HMDA, CRA, and 1071 SBL Modules Record-Level Change Log Updates To assist users in keeping track of record-level changes, a new column has been added to the Change Log tab […]

At the recent Fair Lending Forum, we delved into the evolving landscape of consumer protection regulations, highlighting how states are increasingly stepping up their oversight. While federal mandates often capture the spotlight, the New York Department of Financial Services (NYDFS) with its Section 76.16 requirements stands out as a significant example of this trend. In […]

CRA Module New FRB ReportsThe FRB’s Lending Activity and Lending Inside and Outside the Assessment Area reports are now available. Fair Lending Module Copy Dynamic VariablesUsers now have the ability to copy their existing Dynamic Variables. Application Year-Month and Action Taken Year-MonthThese fields have been added to the following additional data types: Fair Lending - […]