RiskExec® Leads Compliance Providers with Rapid Release of 2014 HMDA Peer Data
RMS Inc announced the release of the 2014 Home Mortgage Disclosure Act in RiskExec®, on the same day as it was made available by the government.
Knoxville, TN, September 23, 2015 --(PR.com)-- RMS, Incorporated, a leading provider of compliance software and solutions for the banking/mortgage industries announced today the release of the 2014 Home Mortgage Disclosure Act (HMDA) Peer Databases and Rankings in RiskExec®, a suite of tools for advanced regulatory compliance.
Each year, the Federal Financial Institutions Examination Council (www.ffiec.gov) compiles and releases these data to the general public for analysis. With the release of 2014 HMDA Peer tables and rankings in RiskExec®, RMS once again becomes the first HMDA compliance solution provider in the nation to enable clients a full review of residential lending and competitive performance – both nationally and in specific geographies.
"As standard practice for several years running, we have provided the annual HMDA data and reports to our clients within hours of the data being made available by the government," stated Dr. Anurag Agarwal, President and CEO, RMS. “This data is used by all our clients to compare their 2014 performance against their competitors and peers. In today’s regulatory environment, it is vital to know how you are doing and to understand how your profile might differ from others in your geography. RiskExec® offers any lender a free preview of their 2014 HMDA data compared to three other lenders in their area, and will also issue a report on this data comparing it to past Peer databases.”
The 2015 HMDA dataset contains over 11 million records across 7,062 respondents.
The RiskExec® software suite currently includes geocoding, mapping, and all manners of data visualization – from interactive maps to peer rankings to tables & charts – as well as executive and regulatory reporting for all facets of Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA) and Fair Lending.
About RiskExec®
RiskExec® is a suite of software tools developed specifically for financial services firms and their management teams. RiskExec® software tools assist financial services firms in determining their regulatory compliance guidelines. RiskExec® is a browser-based product containing HMDA, CRA, Fair Lending, geocoding, mapping and data visualization tools as well as executive and regulatory reporting. For more information, visit us on the web at http://www.RiskExec.com
About RMS
RMS, Inc provides web-based compliance software and consulting solutions to the banking and mortgage industries. Our clients range from small local banks and mortgage brokers to very large national mortgage companies. We provide high-end solutions with a very hands-on service and support. For more information about RMS's solutions visit our website at www.strategicRMS.com.
Each year, the Federal Financial Institutions Examination Council (www.ffiec.gov) compiles and releases these data to the general public for analysis. With the release of 2014 HMDA Peer tables and rankings in RiskExec®, RMS once again becomes the first HMDA compliance solution provider in the nation to enable clients a full review of residential lending and competitive performance – both nationally and in specific geographies.
"As standard practice for several years running, we have provided the annual HMDA data and reports to our clients within hours of the data being made available by the government," stated Dr. Anurag Agarwal, President and CEO, RMS. “This data is used by all our clients to compare their 2014 performance against their competitors and peers. In today’s regulatory environment, it is vital to know how you are doing and to understand how your profile might differ from others in your geography. RiskExec® offers any lender a free preview of their 2014 HMDA data compared to three other lenders in their area, and will also issue a report on this data comparing it to past Peer databases.”
The 2015 HMDA dataset contains over 11 million records across 7,062 respondents.
The RiskExec® software suite currently includes geocoding, mapping, and all manners of data visualization – from interactive maps to peer rankings to tables & charts – as well as executive and regulatory reporting for all facets of Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA) and Fair Lending.
About RiskExec®
RiskExec® is a suite of software tools developed specifically for financial services firms and their management teams. RiskExec® software tools assist financial services firms in determining their regulatory compliance guidelines. RiskExec® is a browser-based product containing HMDA, CRA, Fair Lending, geocoding, mapping and data visualization tools as well as executive and regulatory reporting. For more information, visit us on the web at http://www.RiskExec.com
About RMS
RMS, Inc provides web-based compliance software and consulting solutions to the banking and mortgage industries. Our clients range from small local banks and mortgage brokers to very large national mortgage companies. We provide high-end solutions with a very hands-on service and support. For more information about RMS's solutions visit our website at www.strategicRMS.com.
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Risk Management Solutions
Anurag Agarwal
865-769-3312 x 101
www.strategicrms.com
Anurag Agarwal
865-769-3312 x 101
www.strategicrms.com
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