Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
| RiskExec has recently been updated to include the following enhancements: |
Redlining Module When a user runs an Advanced Redlining analysis on a 2022 HMDA or CRA dataset, Peer or Market factors will be excluded from the setup options as the 2022 census tract data differs significantly between 2022 and previous years. The 2022 census data uses the 2020 decennial census tracts. There is no way to compare that data with the 2021 peer data, which uses the 2010 decennial census tracts. Market and Peer will automatically be excluded when a user runs a Streamlined Redlining analysis using a 2022 dataset. |
Dynamic Import Wizard A user can click on the column headers to sort by alphabetical order on the Review and Edit Mapping window in the Dynamic Import Wizard. |
Fair Lending Module Decisioning Regression Threshold RiskExec defaults to automatically calculating the a priori, or dependent variable threshold, for users. We’ve now added additional functionality where users are able to set and specify their own threshold (between 0 and 95). Decision and Pricing Regression Results The Class 1 results in a regression are now sorted by difference, so that the most significant results are at the top. |
Miscellaneous RiskExec has been updated to include the 2022 Distressed and Underserved Census Tracts released by the FFIEC. |
Find out why a top-ten mortgage lender with a proprietary loan origination system (LOS) needed to convert from a legacy document platform.
Learn more about the Goals Module and its key monitoring and reporting features.
Learn about the changes of state consumer protection and the responsibility of financial services institutions to pursue operational excellence and a culture of compliance.