News
RATA Support Hours and 2020 HMDA/CRA Submissions Information
Hope all is going well with your HMDA and/or CRA submission(s). You have until end of day Monday, March 1st to get your files submitted and be considered "on time". If you are still processing your file or just starting, you are really pushing it to the edge. We have been eagerly awaiting your call and most likely have already attempted to contact you to see if we can help. So, if you are looking for help we have some good news and some bad news for you. First the bad news - RATA Associates is not doing "official" support over the weekend. There just hasn't been the need or demand for it this year. But, we will point you to some reference materials below that should answer most of your questions. The good news - We still have all day Monday to help you with any problems or last-minute…
RATA End of Year Geocode ReDo file: Please apply before submitting
Thank you as always for using the RATA Comply software and Geocoding services to help with your HMDA and/or CRA submissions. As part of our efforts to ensure that you have the highest quality and most current geocode results for submission, we re-geocode every address that was submitted prior to February. We go through the file to look for improvements to any geocodes based on the precision codes and then return any improved results in the Year-End (YE) geocode update file. This file should be applied to your Comply system at your earliest convenience to assure that these improved results are a part of your submission. The YE update file will only affect records submitted before February. If you have submitted more geocoding after that date, those records will have already been geocoded…
FFIEC Releases CRA Peer Data
UPDATE: The CRA Peer, Performance Evaluation and Market Share data is now available and can be downloaded from the support site. The 2019 CRA Aggregate and Disclosure data, used for CRA Peer analysis, was finally released on Monday, December 14. This year, like the last, there was a major delay in the release of this data for some undisclosed reason. Due to the smaller volume of this data, we typically see it released a month or so prior to the HMDA data, which was released August 30. We have completed the process of converting the data for use in Comply, Comply Peer2Peer and DataMine. The name of this file is PEERCRA19. The CRA Performance Evaluation table data was also compiled and has already been released through Auto-Updates and posted to the RATA Support Website. The name of this…
Comply 20.01 Now Available
Since the release of Comply 20.0 in late October, a few changes have been made that can affect your Comply experience. A fix to correct filtering made just prior to the release of Comply 20.0 inadvertently broke the Quick Set functionality. While there was a workaround for that using Global Set, the bigger issue was that it affected Automation in Fair Lending. Secondly, an issue surfaced where creating Peer HMDA entities using institutions with identical names was causing a duplication error. Lastly, just yesterday, the FFIEC published edit changes to CRA for the 2020 reporting year. While the edits do not affect submittable records, we took this opportunity to get them into the Comply 20.01 update. If your institution is interested in any of these changes or you have not installed the…
CONSUMER FINANCIAL PROTECTION BUREAU ANNOUNCES SETTLEMENT WITH WASHINGTON FEDERAL BANK, N.A. FOR FLAWED MORTGAGE-LOAN DATA REPORTING
WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (Bureau) settled with Washington Federal Bank, N.A., a federally insured national bank, to address the Bureau's finding that it reported inaccurate Home Mortgage Disclosure Act (HMDA) data about its mortgage transactions for 2016 and 2017. Inaccurate HMDA data can make it difficult for the public and regulators to discover and stop discrimination in home mortgage lending or for public officials and lenders to tell whether a community's credit needs are being met. The settlement requires Washington Federal to pay a $200,000 civil money penalty and develop and implement an effective compliance-management system to prevent future violations. The Bureau found that Washington Federal, headquartered in Seattle,…
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- What Actually Counts as a Small Business Loan Under Section 1071
- The ComplyBI Era Has Arrived
- HMDA Plus: What It Actually Changed in the LAR Workflow
- How to Fix the 10 Most Common HMDA Edit Check Errors
- 2025 HMDA Filing: Your Complete Preparation Checklist for March 2
- What a Fair Lending Exam Actually Asks For
- Fair Servicing: What Examiners Test in Servicing Data, and How to Test It First
- Fair Lending Self-Assessment: A Step-by-Step Guide for 2026
- What Actually Counts as a Small Business Loan Under Section 1071
- Section 1071 in 2026: What Lenders Need to Know About Small Business Lending Data
