The downloaded 2019 HMDA data includes 5,500 institutions comprising 17.2 million records.
“While there has yet to be a public CFPB announcement, RiskExec learned that at 11AM April 1, the CFPB released its 2019 HMDA data. We prioritized getting the data to every RiskExec client, and are pleased to report that by 6PM the same day, all RiskExec clients gained access to the released data,” says Andy Sandler, Founder and CEO, Asurity. “Being first to market is a capability we pride ourselves in and we are committed to maintaining this level of responsiveness.”
“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,” says Dr. Anurag Agarwal, Founder, President and Chief Architect of RiskExec. “RiskExec will be updated weekly as this data changes due to resubmissions resulting in a final aggregate data release by the CFPB later in the year.”
RiskExec is a comprehensive web-based compliance reporting and analysis platform that automates HMDA, CRA, redlining, and fair lending processes. From goal setting, 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.
To learn more about future releases, product updates, or more about the RiskExec platform, please contact Asurity’s Client Support Team at email@example.com or 202-765-2150.