ComplianceTech™ Suite of Products
For anyone who needs to understand Peer Analysis and Scoping using the national HMDA database to discover prohibited basis performance outliers/disparities in market penetration, redlining, underwriting, pricing and data quality.
For those who need to take the deep dive into monitoring fair lending using statistics and matched pairs for every type of loan with advanced features to identify potential prohibited basis disparities.
For all mortgage lenders who need to prepare an HMDA loan application register (LAR) intelligently for submission.
For banks that need to prepare, submit or report a CRA loan application register (LAR) and manage CRA exams.
For loan servicers looking for an automated tool to ensure fair and prevent disparate treatment in the loan loss mitigation process.
For lenders who need to prepare, submit, and report Small Business Lending/1071 data
Read our latest blog posts
2024 Year-in-Review of HMDA, Fair Lending, and CRA Developments
Let’s recap what has happened in 2024 on three different fronts: HMDA, fair lending, and CRA (the Community Reinvestment Act). I count six important developments. These are listed in no particular order below: 1. OMB released a new MSA list in 2023, which was...
How MSA Reclassifications Affect Tract Income Categories and HMDA Data
Introduction: Why MSA/MD Reclassification Matters Metropolitan Statistical Area (MSA) and Metropolitan Division (MD) reclassifications are more than administrative changes—they are strategic opportunities that can dramatically reshape lending portfolios. For financial...
What’s new with Section 1071 small business data collection rulemaking?
State of legal challenges to CFPB and Section 1071 rulemaking On May 16, 2024, the Supreme Court ruled in CFPB v. Community Financial Services Association of America (also known as the Community Financial case) that the CFPB’s funding mechanism is constitutional under...