Compliance and risk management vendor ComplianceEase has launched HMDA Analyze and CRA Manager to enable mortgage lenders to manage the analysis and reporting that is required by the Home Mortgage Disclosure Act and the Community Reinvestment Act. The new offerings are hosted and Web-based HMDA and CRA solutions that therefore do not require in-house IT hardware maintenance and software updates. The new applications will enable the user to edit loan records, conduct dynamic analysis, and generate the Loan Application Register (LAR) and other reports for regulators from anywhere, and in real time given that both applications are completely Web based.
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