Easy-to-use, interactive, and accessible to lenders of all sizes.
Matched Pair Testing
Conduct automated comparative file reviews through the creation of control vs. target settings and tolerances to identify similar or better situated applicants with different outcomes in underwriting and pricing.
Data Analysis
Fair Lending RELIEF’s includes detailed reports, easy to understand graphs, and an interactive tool that allows you to view the data behind the result. Easily review and analyze key fair lending risk factors across applicant demographic and geographic categories:
Distribution Analysis
Pinpoint the geographic distribution of HMDA data based on MSA, state, and county – inside and outside of an assessment and/or analysis area.
Application Disposition
Identify potential application disposition disparities for all actions; including positive and negative outcomes.
Levels of Assistance
Evaluate differences in levels of assistance based on average days to disposition, as well as the lowest and highest number of days for individual applications.
Pricing
Review and analyze pricing disparities using rate spread, APR, and interest rate, as well as key indicators such as average loan amount, credit score, and debt-to-income.
Steering
Assess potential steering risk associated with the type of loan (conventional, FHA, VA, FSA/RHS) or channel (retail, wholesale, correspondent).
Redlining
Analyze performance based on Majority Minority Tracts (MMT), Majority Hispanic/Latino Tracts (MHTT), and Majority Black/African American Tracts (MBT).
Peer Analysis
Review and analyze peer data to quickly identify credit needs and competitive concerns for a selected geography.
- Analyze peer performance using self-identified peers, 50-200% of your lending activity, or all peers
- Identify the number of loans needed to achieve parity for specific demographic groups
- Generate reports for senior management, marketing and compliance personnel
Mapping
Interactively review the geographic distribution of HMDA data for a selected assessment or analysis area based on Majority Minority Tracts (MMT), Majority Hispanic/Latino Tracts (MHT) and Majority Black/African American Tracts (MBT). Select filters to discern concentrations and gaps in lending based on key HMDA fields.
