RiskExec Release Notes - May 11, 2022

May 11, 2022
RiskExec has recently been updated to include the following enhancements: HMDA and CRA Modules New Enhanced Quality Edit Checks RiskExec has added three new Enhanced Quality Edit Checks to the HMDA and CRA modules. Users will need to click "Run Edit Checks" in their HMDA or CRA file to check for these new Enhanced Quality […]
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RiskExec has recently been updated to include the following enhancements:

HMDA and CRA Modules

New Enhanced Quality Edit Checks

RiskExec has added three new Enhanced Quality Edit Checks to the HMDA and CRA modules. Users will need to click "Run Edit Checks" in their HMDA or CRA file to check for these new Enhanced Quality Edit Checks.  

Maps

LMI & MMCT Map Theme

A new Theme has been added that allows the user to view tracts that are both Low to Moderate Income and Majority Minority Census Tracts. 

Tract Detail Popup

Users can now click on tracts on the map to view a popup that displays the volume counts and demographic characteristics of that tract.

Redlining Mapping Themes 

Low Volume Peer Quartiles Theme

This Theme shades only the tracts that are in the bottom quartile by volume. The tracts are shaded according to the volume quartile of the peer respondent group used in the Redlining Analysis.

Low Volume Market Quartiles Theme

This Theme shades only the tracts that are in the bottom quartile by volume. The tracts are shaded according to the volume quartile of the market used in the Redlining Analysis.

Tract Peer Disparity Theme

This Theme shows the disparity between your institution’s lending and your peers. The tracts are assigned a color family by the quartile of your volume, and a shade in that color by the quartile of the peer group’s volume.

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Recommended Resources

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Reg+Tech Magazine Volume 2 Issue 1

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Reg+Tech Magazine Vol. 1 Issue 2

Regulatory and technology experts discuss innovation, CRA reforms, and how single-close construction loans are reenergizing rural America.

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