RiskExec Loads HMDA 2016 Data Hours After Release

September 29, 2017
Between 2015 and 2016, the residential home market increased by one million originated loans with a total of two million records.

“Within hours of the government’s release of the 2016 HMDA data set, we were able to integrate validated HMDA data in RiskExec’s compliance software,” says Luke Wimer, chief operating officer of Asurity Technologies. “By using a SaaS-based model, we have unmatched agility in providing new data first in the industry.”

The 2016 HMDA dataset contains more than 16 million records. Between 2015 and 2016, the residential home market increased by one million originated loans with a total of two million records.

“The increase in originated loans could be a positive indicator of housing market health and the easing of credit requirements for residential lending,” says Dr. Anurag Agarwal, founder, president and chief architect of RiskExec. “In today’s regulatory environment, it is critical for lenders to quickly and easily understand how the landscape is evolving, and how their lending profiles compare among peers.”

From dedicated redlining analysis and interactive mapping to peer rankings and data visualization, RiskExec provides executive and regulatory reporting for the Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA), and fair lending compliance requirements.

For additional information regarding Asurity Technologies and RiskExec, please visit www.asurity.com. For media inquiries, please contact Ilana Moreno at ilana@brllnt.co.

# # #

About Asurity Technologies
Asurity Technologies engineers solutions to support regulatory compliance management for the country’s largest financial institutions. Fueled by decades of regulatory and engineer expertise, Asurity is committed to providing best-in-class solutions that provide a holistic compliance solution from mortgage origination to HMDA, CRA, redlining, and fair lending compliance.  Asurity provides RiskExec, a suite of HMDA, CRA, redlining, and fair lending SaaS solutions; TRID Assure™, a proprietary file testing system that ensures full compliance with the TILA-RESPA Integrated Disclosure (TRID) Rule; BoardEffect, an easy-to-use solution for board governance; and AsurityDocs, a leading solution for the dynamic preparation of compliant mortgage document packages. For additional information, please visit www.asurity.com.

Sign up for news + updates

Expert insights and regulatory updates on RegTech, compliance management, and fair lending.

Anurag Agarwal, PhD

President, RiskExec

Recommended Resources

Goals Module Overview

Learn more about the Goals Module and its key monitoring and reporting features.

Reg+Tech Magazine Volume 2 Issue 1

Learn about the changes of state consumer protection and the responsibility of financial services institutions to pursue operational excellence and a culture of compliance.

Reg+Tech Magazine Vol. 1 Issue 2

Regulatory and technology experts discuss innovation, CRA reforms, and how single-close construction loans are reenergizing rural America.

chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram