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RiskExec Release Notes - December 6, 2023

December 6, 2023
RiskExec Release Notes - December 6, 2023 Redlining Module RiskExec’s Redlining module has been updated to include additional measures to run an advanced analysis on. The Redlining Advanced Analysis setup now includes the following measures as options to select: Please note that some of these measures are currently not available in mapping and will be […]

RiskExec Release Notes - December 6, 2023

Redlining Module

RiskExec’s Redlining module has been updated to include additional measures to run an advanced analysis on. The Redlining Advanced Analysis setup now includes the following measures as options to select:

  • Majority American Indian or Alaska Native Census Tracts (>=50%) (MAIANCT)
  • High American Indian or Alaska Native Census Tracts (>= 80%) (HAIANCT)
  • Majority Native Hawaiian or Other Pacific Islander Census Tracts (>=50%) (MNHOPICT)
  • High Native Hawaiian or Other Pacific Islander Census Tracts (>= 80%) (HNHOPICT)
  • % American Indian or Alaska Native
  • % Native Hawaiian or Other Pacific Islander
     

Please note that some of these measures are currently not available in mapping and will be added in a future release.

Fair Lending Module

Decisioning Regression Analysis Results: Highlighting Significant Model Agreement 

The results of regression analyses have been updated to include the Odds Ratio for each of the classifications tested in the outliers tabs. The Odds Ratio reflects the likelihood of the predicted event (i.e. outlier status) occurring in the protected class as compared to the control group.


HMDA, CRA, and 1071 SBL Modules

Create Export File

When generating a custom export format based on the report format on the application or loan list in the HMDA, CRA, or 1071 SBL modules, a user will no longer have to wait until all applications or loans have loaded. They will now have the ability to click on the “Create Export File” option and choose to export the report as either an Excel, CSV, or Text file. Once the export is finished it will be available to download from the Export tab.

1071 SBL Module

Standard Import Format

Users are now able to import their 1071 SBL data files using a standard 1071 SBL Import Format. This format uses all the fields and data specifications as in 1071 SBL Filing Instructions Guide (FIG).

Miscellaneous

Census Data Added to RiskExec

The following Census markers have been added to all modules for filtering and display in detailed screens.

  • Majority Asian Census Tract (MACT)
  • High Asian Census Tract (HACT)
  • Majority American Indian or Alaska Native Census Tract (MAIANCT)
  • High American Indian or Alaska Native Census Tract (HAIANCT)
  • Majority Native Hawaiian or Other Pacific Islander Census Tract (MNHOPICT)
  • High Native Hawaiian or Other Pacific Islander Census Tract (HNHOPICT)

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