DALLAS - The Centrax Group, a provider of compliance software for home lenders, has updated its Centrax product.

The software is a PC-based program that performs geocoding, Home Mortgage Disclosure Act reporting, and analysis for compliance with the Community Reinvestment Act.

The new software updates a geodemographic data base so users' HMDA Loan Application Register filing contains up to date addresses.

Used to file "millions" of HMDA records each year, the software helped one Centrax client file more than 400,000 applications without a single error, according to Centrax officials.

The Centrax Group has more than 600 clients in the banking and mortgage industries.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.