RiskExec Release Notes RiskExec has recently been updated to include the following enhancements: 2022 HMDA Peer Data and Other Updated Data in RiskExec On June 29, 2023, the CFPB released the 2022 HMDA Peer National Snapshot. Our team has downloaded, converted, and reviewed the data. It is now available in RiskExec for immediate use. It […]
RiskExec has recently been updated to include the following enhancements: HMDA and CRA Modules Add Comments When Deleting Records Users now have the option to add a comment when deleting a record. To do so, click the down arrow next to the Delete button when viewing the record detail page in HMDA or CRA. Then, select […]
RiskExec Release Notes RiskExec has recently been updated to include the following enhancements: Maps Themes: Apply Outside Assessment Areas Users can now choose to apply map themes only outside of their Assessment Areas. File Parts: Record Property and Filter Users can now set the record property in their maps to File Part. File Part can […]
RiskExec Release Notes RiskExec has recently been updated to include the following enhancements: 2022 and 2023 Zip Codes Are Now Available The US Department of Housing and Urban Development (HUD) has released their crosswalk file and all zip code data has been updated in RiskExec for 2022 and 2023. The RiskExec Map Layers and demographic […]
RiskExec Release Notes RiskExec has recently been updated to include the following enhancements: CRA Module Regulatory Reports Three additional OCC CRA Performance Evaluation (PE) tables have been added to the Regulatory Reports section. The tables include Tables D, O, and P. These PE tables provide inside and outside reporting, borrower, and geographic distribution for home […]
RiskExec Product Updates RiskExec has recently been updated to include the following enhancements: BISG Proxies The latest version of the BISG Proxy available from the CFPB is based on data from the US Census of 2010. However, the 2020 Census shows a dramatic shift in the population centers and hence the BISG Proxy needs to […]
2023 HMDA The "2023 A Guide to HMDA Reporting It Right!" is now available on the FFIEC's website. Click here to access the guide.
RiskExec Product Updates RiskExec has recently been updated to include the following enhancements: 1071 Module Final Rule Updates The team has worked diligently to make the changes required by the final rule to the 1071 module and has completed all updates. All data fields in the final rule are now reflected in the module. Since […]
RiskExec Release Notes Geocoding New Geocoding Source: Esri Esri (https://www.esri.com/en-us/home) has replaced Microsoft BING as RiskExec’s backup geocoding source. HMDA and CRA Modules Manage Custom Edit Checks Update Custom edit checks that were originally created by the RiskExec team cannot be edited. However, users can now replace these edit checks by selecting the edit check […]
2022 HMDA Peer LARs On March 20, 2023, the CFPB released the preliminary 2022 HMDA Peer Modified LARs. Our team has downloaded, converted, and checked the data. It is now loaded into RiskExec for immediate use. This year’s data has over 16 million records as compared to 26.12 million for 2021. In 2022, there were approximately […]
RiskExec Press Release March 16, 2023 (Washington, D.C.) - Today, RiskExec, Inc. (“RiskExec”) announced its compliance software has been selected by Varo Bank to conduct Fair Lending analytics for its innovative financial products serving Americans living paycheck to paycheck, Varo Advance and Varo Believe. Varo Bank (www.varomoney.com) is the first all-digital, nationally-chartered U.S. consumer techbank […]
RiskExec Release Notes RiskExec has recently been updated to include the following enhancements: HMDA and CRA Modules 2023 FFIEC Geocoding RiskExec is now checking 2023 HMDA and CRA geocoding data against the FFIEC’s 2023 geocoding site. The RiskExec FFIEC Geocoding report will display FFIEC geocodes within a few days of the FFIEC making them available. […]