RiskExec's Breakout Year in 2020
Over the course of the year, RiskExec platform users expanded by over 30%.
- Over the course of the year, RiskExec platform users expanded by over 30%.
- The nearly 800 active users represent:
In 2020, RiskExec processed 40% of the nationwide HMDA loan application records in its HMDA/CRA module, providing executive and regulatory reporting for the Home Mortgage Disclosure Act (HMDA), Community Reinvestment Act (CRA), and fair lending compliance requirements. - Loan servicing practices are becoming ever more critical in the world of COVID-19 loan forbearance and modification.
- RiskExec customers are now able to construct Peer PPP Groups based on geographies and analyze their own data against peers.