The Mortgage Industry: Where Are We Going?
RiskExec is a flexible solution for all lending portfolios.
The cost of maintaining fair lending compliance is expensive. RiskExec eases the burden of managing regulatory compliance for banks, mortgage lenders, credit unions, and non-traditional lenders.
Automated processes use various HMDA fields or custom dynamic variables to examine pricing and underwriting decisions to determine if areas of disparate impact exist.
Automatically generate matched pairs to identify and quickly review, in side-by-side format, loan applications with similar credit qualifications. Identify areas for potential disparate treatment in loan approval and pricing.
Fill consumer lending GMI data gaps including race, sex, and ethnicity from the CFPB’s BISG as well as our own proprietary proxy, both available in RiskExec.
Manage fair lending risk for any data set as your business evolves and understand patterns before critical decisions occur, such as acquisitions or marketing campaigns.
Analyze small business, servicing, auto, credit card, home equity, student loan, and payday lending with proxy technology.