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. RiskExec will then store those FFIEC geocodes for the rest of the year.
Manage Custom Edit Checks
Users are now able to create their own custom Client Edit Checks.
HMDA Module
Crosstab Report Loan Amounts
The Crosstab Report in the HMDA module will now display loan amounts in actual dollars and NOT be rounded into 000s of dollars.
Note: The loan amounts in the CRA module’s Crosstab Report will still display in 000s as required by the CRA submission rules.
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.
Regulatory and technology experts discuss innovation, CRA reforms, and how single-close construction loans are reenergizing rural America.
