RATA News

Post-Hurricane RATA Availability

Added on September 13, 2017

Post-Hurricane RATA Availability

Due to Hurricane Irma, RATA Associates has been unavailable Monday and Tuesday of this week. As of the posting of this message we are currently able to provide limited phone support. Please dial extensions directly:

For Technical Support:

  • Kelly x205
  • Paul x208
  • David x204

For Administrative and Billing:

  • Angela x200

If you need files geocoded, please upload them to our support site and we can process the files manually. Contact technical support if you need assistance.

We are sorry for any inconvenience and are hoping to return to full operations as soon as power and internet are restored to our area.

Thank you for your patience.

 

2018 Edits Finally Released by CFPB

Added on July 14, 2017

2018 Edits Finally Released by CFPB

The initial release of the validity and quality edits for HMDA 2018 reporting have been released by the CFPB. There are a total of 105 validity and 41 quality edits in the current documentation which can be found here:
https://www.consumerfinance.gov/data-research/hmda/static/for-filers/2018/2018-HMDA-FIG.pdf

We will incorporate these edits into Comply 17 which we expect to officially release in the middle of August.

 

2018 HMDA Changes - What's the Word?

Added on May 8, 2017

2018 HMDA Changes - What's the Word?

Comply 2018 HMDA Changes, Progress and Schedule The implementation of the CFPB 2018 HMDA changes is now about a year and a half away. The new changes will more than double the number of reportable HMDA data fields that institutions must collect, edit and submit. In analyzing the new fields that were added to the HMDA requirement, we have identified 14 fields that presently exist within RATA Comply HMDA/CRA and 39 fields that will need to be created. The new fields to be added are for automated underwriting, expanded race and ethnicity as well as general loan and property data points. New Format The submission format for the 2016 data will be unchanged from the last few years. The 2017 submissions will contain the exact same data but they will be wanting to receive it in the new…

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RATA's Customer Care Campaign

Added on April 19, 2017

RATA's Customer Care Campaign

The RATA Comply Suite is currently the most robust compliance product on the market. Over the last few years we have been adding extensive amounts of functionality to help institutions streamline their processes. As part of our ongoing efforts to improve your RATA Comply experience with the products and services we provide, we have launched the RATA Customer Care Review campaign to make sure you are aware of the functionality you have and that you are using it to its full extent. By appointment we would like to have a web meeting with your entire team to discuss: Your current processes Review the Comply components that you currently have Discuss any issues or challenges you are having related to HMDA/CRA, Fair Lending or Peer Analysis Discuss any questions you have regarding the 2018…

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