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 […]
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 - […]
2024 Preliminary HMDA LAR Update On May 5, 2025, the CFPB released an updated version of the Preliminary 2024 HMDA Peer Modified LAR. The RiskExec team downloaded, converted, and reviewed the data. It was loaded into RiskExec on May 5th for immediate use. Dynamic Import Wizard Import Data Screen Update The last screen of the […]
RiskExec has been updated to include the following enhancements: Redlining Module Redlining Analysis: Peer Detail Tab Updates The count of branches for the target institution and the aggregate branch count of all lenders in a geography have been added to this tab. The branch counts include branches from the FDIC Summary of Deposits and from […]
Understanding fair lending exposure and what it means for your bank or financial organization is essential to managing discriminatory risks and remaining compliant. Having the right fair lending software can significantly impact a lending institution’s ability to monitor potential fair lending risks across the entire enterprise. Let’s explore the most important features to consider when […]
Loan servicers currently operate between a rock and a hard place. Borrowers want high-quality service. Regulators demand that products and services are provided fairly and equitably.
With COVID-19 still top of mind for most, lenders cannot afford to assume that concerns of fair lending compliance will fade away.
Lenders should make sure all their fair-lending policies, procedures, and documentation remain fresh, are actively used, and are effective.
Ensuring banks receive full credit for their LMI community work means allowing for context, freedom, and customization in contemporary CRA approach.
Nine million households are unbanked and 26 million are underbanked in the United States. Can the USPS help end the cycle of high-interest debt?
The Federal Deposit Insurance Corporation (FDIC) issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in January 2017.