PCi Releases '05 Peer Mortgage Data

Compliance technology provider PCi Corp., a Wolters Kluwer Financial Services company, has announced the release of its Peer Mortgage Data based on the Federal Reserve Board's 2005 Home Mortgage Disclosure Act data.Boston-based PCi said its annual release helps lenders benchmark themselves against their peers in terms of fair lending, the Community Reinvestment Act, and pricing patterns, "as well as identifying new business opportunities such as emerging and historically underserved markets." The announcement noted that, with the convergence of HMDA, CRA, and fair lending, "lenders will need to be well prepared for a review or compliance exam on any of these three fronts, since each area may have ripple effects on the other related areas." PCi can be found on the Web at http://www.pciwiz.com.