On Monday, December 16, the FFIEC made the 2018 Peer Community Reinvestment Act (CRA) file available and by 3:30PM the same day, RiskExec tested, loaded, and published the CRA Peer file for its customers.
“We understand that our clients require accurate and complete data as quickly as possible,” says Andy Sandler, Chief Executive Officer of Asurity and a 2019 HousingWire Vanguard recipient. “Getting this data installed and to clients as soon as available is a priority for us.”
“This year, the release of the Peer CRA by regulators was slower than usual, especially compared to the other types of data released throughout the year,” says Dr. Anurag Agarwal, President and chief architect of RiskExec. “While we cannot predict when we will receive these updates, it is our duty and responsibility to ensure our clients have access to the data as soon as possible.”
From goal setting, 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), redlining, and fair lending compliance requirements.
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.
