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 […]
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 […]
Welcome to HMDA & CRA Submission Season As the submission March 1 deadlines loom for annual CRA and HMDA data reporting, Compliance Officers can sometimes feel a bit lost in the woods. While the details of filings are always important, it’s critical to take the time to pick your head up and look at your […]
2020 CRA Peer Data This dataset includes small business, small farm, and community development lending data reported by certain commercial banks and savings associations. The data is available in RiskExec’s Peer Analysis module. The three Federal banking agency members of the Federal Financial Institutions Examination Council (FFIEC) - the Board of Governors of the Federal […]
Banking, lending, and other financial institutions are required to remain in compliance with a long list of regulations, including those established by the Community Reinvestment Act (CRA) of 1977. Regulatory compliance today, however, is more complicated now than it might have been in 1977 when this legislation was first enacted. Years of examination and the […]
Information about how to access the Census 2019 files for HMDA/CRA, which have recently been updated in RiskExec.
Maps 2.0 Enhanced Search Capabilities The search feature within Maps 2.0 has now been updated to allow users to search by Assessment Area Set and individual Assessment Areas to zoom straight to a specified area. Record Display An edit option has been added to the record level such that you can now increase or decrease […]
HMDA & CRA Expanded Tract Categories Users can now utilize expanded tract categories in the filter capabilities directly within the HMDA and CRA modules. The filter now includes options for Majority Minority Census Tracts (MMCT), Majority-Black Census Tracts (MBCT), Majority-Hispanic Census Tracts (MHCT), Majority-Black-Hispanic Census Tracts (MBHCT), along with all corresponding High tract categories (tracts […]
Prescribing everyday solutions rather than one-time band-aids can yield a business infrastructure which is always forward-looking.
Ensuring banks receive full credit for their LMI community work means allowing for context, freedom, and customization in contemporary CRA approach.
This updated file has resulted in 20,843 changed tracts. There are now 22,671 LMI tracts as opposed to 21,760.
Determining the location of marketing campaigns is essential. Uncover best practices to avoid the risk for redlining activity and to stay compliant.