RATA
RATA to add Business and Farm Census Data to Comply
As part of the upcoming 16.1 Comply release, RATA will be adding the Business and Farm data based on a census of businesses. Up to this point RATA has been using the CRA Aggregate peer business data for performance measures in our CRA Performance Evaluation reports. Many institutions have requested that we use the Business/Farm census data and we have decided to move forward with the latest data we could obtain. All reports that use this data will be offered in both the current aggregate versions and the census of businesses versions to increase your analysis options. This will be available to all customers licensed for Comply CRA at no additional charge. By adding this new data and functionality to the 16.1 release we have had to push the delivery dates of both 16.1 and the 17 beta…
Comply DataMine Report Builder
The Comply DataMine analysis tool is RATA's new advanced custom report builder. RATA clients will now have the ability to build both custom pivot tables and custom executive reports using the power of Microsoft Excel, SQL Server Analysis Services (SSAS) and your Comply Database. With this powerful configuration you are able to create reports using combinations of your latest HMDA and CRA data, peer data, demographic data, deposit data and more. This new optional component is available for use with the 2015 HMDA and CRA peer data and will give customers much more flexibility for analyzing their own data compared to peer data by year, geography and additional filters. Regulators have been recently creating peer groups by asset size, rate spread percentages and geography. The new Peer Group…
2017 Submission format and 2018 Universal Loan ID (ULI) information
As part of the upcoming HMDA changes, we are getting a lot of inquiries on two topics in particular. 1) Handling of the HMDA 2017 data submission in February 2018. There are no data changes to the HMDA 2017 data being submitted in February 2018. The only change to the HMDA 2017 submission is that the submission file itself will go from the current fixed-length record format to a pipe "|" delimited format. This change will be available in version 17 of the Comply software, to be released in 2017. 2) In regards to the Universal Loan Identifier (ULI), RATA Comply will be able to accept loans for 2018 either with or without ULI. As part of the Reporting Entity (RE) properties in Comply there will be a field for the Legal Entity ID (LEI). During the import process all loans that are not Action…
CFPB Warns Financial Institutions About Potential Mortgage Lending Reporting Failures
CFPB Puts 44 Mortgage Lenders and Brokers on Notice That They May Be Required to Report Mortgage Data WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) is issuing warning letters to 44 mortgage lenders and mortgage brokers. The Bureau has information that appears to show they may be required to collect, record, and report data about their housing-related lending activity, and that they may be in violation of those requirements. "Financial institutions that fail to report mortgage information as required make it harder to identify and address discriminatory lending," said CFPB Director Richard Cordray. "No mortgage lender that is required to report their loan data can avoid this responsibility." The Home Mortgage Disclosure Act, which was originally enacted…
Comply 16 Is Now Available On RATA Support Site
.png)
We are pleased to announce the availability of Comply 2016. Both the full and update versions of the installation are available on the RATA Support site. We strongly recommend that you update as it contains the 2016 edit changes as well as numerous enhancements, fixes and the new optional Datamine and Audit tools. The Version 16.0 Changes document is available in the Resources section of the Comply Start page and includes highlights of the major changes. If you have any questions or need assistance, please contact us at 407-831-7282.
- California's New Fair Lending Exam Law: What State-Chartered Banks, Credit Unions and Mortgage Licensees Should Have Ready
- How to Benchmark Your CRA and HMDA Lending Against Peer Data
- HMDA vs CRA vs Section 1071: What Each Rule Collects and Who Has to File
- Fair Lending Regression Analysis: What It Controls For and How to Explain a Pricing Disparity
- 2026 HMDA Data: Your Filing Checklist for the March 1, 2027 Deadline
- HMDA Plus: What It Actually Changed in the LAR Workflow
- How to Fix the 10 Most Common HMDA Edit Check Errors
- CFPB and DOJ Settle Redlining Claims Against Non-Depository Mortgage Companies Before Change in Administration
- How to Evaluate Fair Lending and CRA Software: What to Test Before You Sign
- What a Fair Lending Exam Actually Asks For
- Fair Servicing: What Examiners Test in Servicing Data, and How to Test It First
- 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
