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 […]
Peer Data Updates The FDIC Summary of Deposits and NCUA Call Report Branch Location files have been loaded into RiskExec. Dynamic Import Wizard New Standard Formula: LTV A new Standard Formula has been added to the Dynamic Import Wizard for Combined Loan-to-Value (LTV). Assessment Areas Module Median Gross Rent and Median Housing Values The Median […]
RiskExec Release Notes RiskExec has recently been updated to include the following enhancements: RiskExec Connect 2024 Please join us for RiskExec Connect 2024 on Thursday, November 21st from 1:00 PM - 5:00 PM EST! RiskExec Connect is our FREE half-day virtual event that brings together industry experts and thought leaders to discuss and inform you on the […]
2024 HMDA The 2024 A Guide to HMDA Reporting It Right! is now available on the FFIEC's website. Click here to access the guide.
RiskExec Release Notes RiskExec has recently been updated to include the following enhancements: 2022 Dunn & Bradstreet Data Now Available The Dunn & Bradstreet Business counts data for 2022 has been released and is now available in RiskExec. Fair Lending Module Protected Class Variables Users now have the ability to specify the protected classes to […]
1071 Small Business Lending What is 1071? Congress directed the Consumer Financial Protection Bureau (CFPB) to adopt regulations governing the collection of small business lending data under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 1071 amends the Equal Credit Opportunity Act (ECOA) under Dodd Frank, to require financial institutions to compile, maintain, […]
RiskExec Release Notes ReportsImproved Efficiency When running Reports in RiskExec RiskExec has updated its system to improve the run time and efficiency of its reports. This is also combined with a New Notification System When Running Reports. Users no longer need to stay in a report until it finishes loading to review the results. A message […]
RiskExec Release Notes Summary of Deposits Data Update The FDIC Summary of Deposits data for June 2022 has been loaded into RiskExec. Redlining Analysis ModuleCSAs and CBSAs Now Available for Redlining Analyses When setting up a Streamlined or Advanced Analysis, users can now choose an Assessment Area Set that is composed of, or includes, areas defined as CSAs […]
RiskExec Release Notes RiskExec has recently been updated to include the following enhancements: Peer Analysis Module HMDA 2021 National Snapshot The HMDA 2021 National Snapshot was released by the CFPB on June 16th. It is now available for all HMDA Peer 2021 reports in RiskExec. Users can now also download the 2021 HMDA Peer Data, […]
RiskExec Release Notes Redlining ModuleStreamlined Redlining Analysis Users will now see two analysis options: Streamlined Analysis and Advanced Analysis. The Advanced Analysis is the original option to create a New Analysis in the Redlining module. Nothing has changed in the process of setting up a new Redlining analysis when the Advanced Analysis option is selected. […]
RiskExec Release Notes RiskExec has recently been updated to include the following enhancements: HMDA ModuleIRS Report The RiskExec HMDA IRS report has been updated to more accurately match the report generated by the CFPB on submitted data. CRA ModuleNew Report: Distribution of Loans Inside Versus Outside the Assessment Area(s) A new Compliance Report has been […]
RiskExec Release Notes Fair Lending Forum The Fair Lending Forum is taking place in Charlotte, NC on May 2 - 4. Admission is FREE. Registration closes on Monday, April 18. Click here to register. Manage Institution Numeric User-Defined Fields When a user selects Numeric as the Type for their User-Defined Field, a note will now […]