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Overview
Comply Fair Lending provides powerful monitoring of the home mortgage disclosure act (HMDA) data quality, helping to mitigate risk exposure. While the platform's core strength is compliance, its graphical reporting interface is more functionality-focused than visually advanced. Overall, it is a robust solution for businesses prioritizing regulatory integrity.
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Starting Price
Custom
Comply Fair Lending Specifications
Risk Assessment And Mitigation
Regulatory Compliance Tracking
Audit Management
Third-Party/Vendor Risk Management
What Is Comply Fair Lending?
Comply Fair Lending is a specialized regulatory compliance platform designed specifically for financial institutions that manage large volumes of lending data. The platform provides automated data integrity checks for HMDA and community reinvestment act (CRA) submissions, ensuring reporting accuracy and reducing manual errors. The tool provides robust peer analysis functionality that allows users to benchmark their performance against others. The software supports institutions of all sizes in maintaining a strong audit trail and meeting stringent regulatory demands.
Comply Fair Lending Pricing
Comply Fair Lending Integrations
Who Is Comply Fair Lending For?
Comply Fair Lending is ideal for the following individuals and organizations:
- Banks and credit unions
- Mortgage lenders
- Financial services
- Housing finance agencies
Is Comply Fair Lending Right For You?
If your financial institution requires a dedicated, robust solution for managing complex HMDA and CRA regulations, then Comply Fair Lending offers a compelling solution. Its specialized focus on regulatory risk analysis and data integrity makes it a standout choice for risk officers. The system is designed to provide high confidence in compliance submissions, ultimately reducing regulatory scrutiny and the chance of heavy fines.
Still doubtful if the Comply Fair Lending software is the right fit? Connect with our customer support staff at (661) 384-7070 for further guidance.
Comply Fair Lending Features
The system provides a fully customizable scorecard editor, allowing users to modify out-of-the-box templates or design new scorecards from scratch. These scorecards are fully interactive, enabling direct drill-down into application data or the creation of an automatic file review directly from any cell.
Comply Fair Lending offers highly flexible regression analysis, utilizing any available fields, including user-defined data sources. The platform performs automatic transformations, error checks, and dummy-coding on the fly, which greatly streamlines the exploratory analysis process.
The tool is designed to quickly and easily compare similar loan applications across groups at the lowest level of detail. Users can define flexible criteria to match and partition applications into comparable pairs for file reviews, ensuring comprehensive and targeted risk assessment.
Comply Fair Lending offers templates for all views and processes, including regression models and scorecards, which can be reused throughout the system. The auto-pilot functionality allows users to create and schedule jobs for repetitive tasks, such as filtering and generating new elements, for both online and offline execution.
The tool includes the most accurate compliance-grade batch and single-application geocoding available. Users can also access the interactive geocoder, which allows for viewing a map of geocoding results using data from several different sources for enhanced spatial analysis.
