-
What I Wish Everyone Knew About FFIEC Fair Lending Risk Factors and Software Evaluation
Did you factor the Interagency Fair Lending Examination Procedures’ risk factors (listed beginning on page 6 of this file) into your decision to acquire your current fair lending software solution? Whether you have fair lending software or want to find a new vendor, I’d encourage you to look at the risk factors in detail to determine…
-
The State of the US Housing Market: Millennial Trends
Although US Federal Reserve Chairman, Jay Powell, may feel the US housing market is in good shape, it seems as though the market may be slowing more than is ideal. On the other hand, the economy in America is doing well, with one of the lowest unemployment rates in the country since 1969. So why…
-
Wall Street Journal – September 25th, 2018 LendingPatterns™
LendingPatterns™ data was compiled and utilized in the Wall Street Journal on September 25th, 2018: Bankers vs. Activists: Battle Lines Form Over Low-Income Lending Rules
-
LendingPatterns™ is cited in an article in the Wall Street Journal – September 6th, 2018
LendingPatterns™ is cited in an article in the Wall Street Journal – September 6th, 2018: The New Mortgage Kings: They’re Not Banks
-
Get Ready For The MBA’s Annual Convention & Expo
The MBA’s Annual Convention & Expo is the country’s largest gathering of real estate finance professionals, and you can’t miss this great opportunity to deepen your knowledge on the industry. The event takes place from October 14th to 17th in Washington, DC, and ComplianceTech is proud to be one of the exhibitors. Come see us…
-
ComplianceTech today announced that the National Credit Union Administration (NCUA) has selected its software products, LendingPatterns™ and Fair Lending Magic™
ComplianceTech, McLean, VA, ComplianceTech today announced that the National Credit Union Administration (NCUA) has selected its software products, LendingPatterns™ and Fair Lending Magic™ for examiners to use for onsite and off-site fair lending supervision and monitoring for nearly 2,000 credit unions. “NCUA joins other federal and state regulatory agencies who trust ComplianceTech’s suite of web-based…
-
ComplianceTech Today Announced that the Massachusetts Division of Banking (DOB) has selected LendingPatterns™ for Examiners to Use
ComplianceTech Today Announced that the Massachusetts Division of Banking (DOB) has selected LendingPatterns™ for Examiners to Use. Read the full press release here. ComplianceTech, McLean, VA, ComplianceTech today announced that the Massachusetts Division of Banking (DOB) has selected LendingPatterns™ for examiners to use in onsite and off-site fair lending supervision and monitoring of mortgage lenders…
-
Come See Us at the MBA’s Regulatory Compliance Conference!
The MBA’s Regulatory Compliance Conference is taking place from September 16th to 18th in Washington, DC. Anyone working to implement the new regulations—including compliance officers, company executives, and policy advisors—should attend this event because this is a great opportunity to hear first-hand from federal regulators and policy makers. ComplianceTech is one of the sponsors of…
-
Four Problems Our Software Can Help You Solve
In order to thrive in the lending business, you need to identify market opportunities, formulate lending benchmarks, and adopt lending best practices. While all these tasks can be challenging, ComplianceTech can help you make them simpler thanks to our software products: LendingPatterns™ and Fair Lending Magic™. We’ve been helping companies of all sizes since 1992,…
-
5 Interesting Facts about the FFIEC List of Distressed and Underserved Census Tracts
Each year, the FFIEC releases a list of Distressed and Underserved Nonmetropolitan Middle-Income Census Tracts (link). Community Reinvestment Act guidance (see, for example, this link) illustrates the emphasis that bank regulators place on these tracts. As a lender, you might be interested in learning more about the current lending activity in these census tracts. In…