Added on October 2, 2017
Updated Monday, October 2, 2017. The 2016 Peer data is now available on the Peer-2-Peer website. The 2016 Peer data for DataMine will be available later today. The Peer-2-Peer product is a web-based tool designed to help you understand how your institution is lending compared to specific peers or the rest of the industry. The Peer tool can help you see Summary Lending data for any submitting institution as well as Ranking reports and Market Share reports. It is a great way to put your analysis into perspective! Check out www.hmdapeer.com or www.crapeer.com to login to the peer tool. Peer data is also available for use in the Comply DataMine tool. This allows institutions to create Excel pivot tables and custom reports with the peer data and also compare it to your current HMDA data. To…
Added on September 7, 2017
The forecast track for major Hurricane Irma is showing that the eye will pass very close if not directly over the RATA facility in Longwood, FL. While our building is built to hurricane standards and we have redundant systems for power, internet connectivity may go down and be down for some time. This would affect Comply auto-updates as well as Comply registration services. During any outage, files which require geocoding can be uploaded to the RATA support website (support.rataassociates.com). This server is co-located outside of Florida and will be unaffected by the hurricane. Files will be processed and returned via the support website until any infrastructure outages are resolved at our Longwood facility. In preparation of the impact Irma may have on our facility, we will be closing…
Added on September 1, 2017
The much-anticipated Comply 17 is now complete, QA tested and ready for download. This update is mandatory for doing the 2017 submission as it contains the new CFPB HMDA.TXT format that is needed in order to upload to the CFPB submission portal. This version also contains all of the 2018 HMDA changes and new fields. When you install, the 2018 year will be available and you can start bringing in that data when ready. We have even added all of the 2018 edits that were released just 2 weeks ago. The CFPB will be making many modifications to the edits over the coming year so these will be a work in progress, but what we have is a great first start. Some of the key changes in Comply 17: Ability to create 2017 Submission in new HMDA.TXT format; this is the first year they are doing a…
Added on July 27, 2017
RATA Associates is pleased to announce that the 2017 FFIEC demographic data that is now based on the 2015 ACS is now available for all RATA Clients. If you use Auto-Updates to keep your system data up to date, you should see the new data available the next time you log in to Comply. If you don't use Auto-Updates the data will be available on the RATA Support Site to download and import. Comply links the demographics to the geocoding in the system so once you update your system all new reports and views of the data are retroactive for the entire year. For those of you using our QuickPoint Web Service (QPWS) to geocode applications real-time in your LOS systems, you will only receive the new demographics from today forward since they are sent at the time the geocode is assigned. Again, this…
Added on July 14, 2017
The
initial release of the validity and quality edits for HMDA 2018 reporting have
been released by the CFPB. There are a total of 105 validity and 41 quality
edits in the current documentation which can be found here:
https://www.consumerfinance.gov/data-research/hmda/static/for-filers/2018/2018-HMDA-FIG.pdf
We will incorporate these edits into Comply 17 which we expect to officially release in the middle of August.
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