North Carolina SECU Deploys RATA Associates Compliance Software
RALEIGH, N.C. – State Employees’ CU has implemented RATA Associates HMDA Comply Suite.
RATA said its Comply Suite software is the industry's most modern software and service geocoding solution, enabling financial institutions to remain compliant with the Home Mortgage Disclosure Act, Community Reinvestment Act and Fair Lending Act efficiently and economically.
RATA's new Comply Suite Advanced Analysis and Regression Fair Lending component includes a wide variety of statistical analysis and regression functionality and is a technically advanced extension of RATA's base Comply Fair Lending component. Both Comply Fair Lending components are based on the FFIEC Fair Lending Examination Procedures and offer a multitude of tools designed to cost-effectively detect and monitor potential risk associated with lending performance.