Added on June 22, 2022
The CFPB has released the official 2021 national HMDA peer data as of June 16th. RATA downloaded the data and quickly formatted it for use in the Comply software, making sure to match all Institution IDs with the preliminary data that was released on March 29th. By ensuring that the Institution IDs align with one another between these sets of data, all Peer Institution Groups created with the preliminary data will continue to work the same as before. It is the CFPB's intent to potentially release updates to the 2021 HMDA data based upon re-submissions, late submissions etc. and we intend to review the extent of any changes periodically to see if updates are warranted.
To download the data for use in Comply, simply log on to the support site (https://support.rataassociates.com) and go to Comply Downloads > Peer Data on the left-hand side. Download and save the file called PEERHMDA21.RZ, then import it into Comply using the Import System Data button on the Home Ribbon.
There is a training video to show you how to download and import the data into Comply, and there is also a Peer Guide under the Resources section of the Start page. Once the data is imported, you have two ways to use it depending on what you are licensed for in Comply. If you are licensed for Peer Data, then you have full use of the Peer Reports and Analysis in Comply located on the Reports tab. The same data can also be used in DataMine. Before going into DataMine be sure to do a full Sync of the data to populate the SSAS Data Cube with the new data. If you don't sync, you won't see this data in DataMine.
The Peer Training Videos and Peer User Guide should answer most or all of your questions, but if you need assistance, feel free to call us for support at 407-831-7282.
For RATA Hosted Service (RHS)
RATA will be updating the peer data early tomorrow morning June 23rd after hours so that we don't affect any clients during the day.
Schedule a free online demonstration to see what Comply HMDA/CRA can do for you!Free HMDA/CRA Demo Contact Us