Our custom-built reports go through every aspect of Fair Lending from redlining to pricing disparities. Get the best Fair Lending reports and advice for a price that won’t break the bank.
This is the data regulators will use to evaluate your institution’s CRA Performance. The data contained in these reports is extracted from the most up-to-date Home Mortgage Disclosure Act (HMDA) Raw Data (released by the Federal Reserve each year).
These Reports provide a system for monitoring your Fair Lending by presenting statistical differences between Minority and non-Minority applicants within your mortgage portfolio and also identifying adverse outcomes between individual Minority records that were denied compared to non-Minority applicants, with similar credit characteristics but were approved. The reports may be summarized in an optional professional narrative that explains the individual reports, addresses the results, and offers comments and advice to help mitigate issues.
These Reports allow you to compare your bank’s activity to all other reporting lenders in your market. Included are comparisons of minority denial rates, minority origination rates, minority market share and minority subgroup activity.
A GeoDataVision expert will work with you and your personnel in the areas of HMDA/Fair Lending/Risk Management. These services can be provided via the web or onsite, in person. In addition to hands-on consulting and training, we also provide webinars (live and recorded) that are extremely useful in training your staff.
