Asurity

?? This season we are especially grateful for the trust and partnership of our clients and the dedication of our team. As we gather to give thanks, we celebrate the connections, collaboration, and innovation that move?us forward together. Wishing you and your loved ones a wonderful holiday filled with gratitude and joy. #Thanksgiving2024 #ThankfulTogether

?? Small Business Lenders! RiskExec’s 1071 Small Business Lending Module is here to make compliance a breeze. Easily prepare your 1071 data with our intuitive software, designed to simplify submission and keep you confident every step of the way. ???? Let RiskExec do the heavy lifting! Whether you're using our powerful, flexible compliance tools or working directly with our nationally recognized compliance experts, staying compliant has never been easier. For more information visit https://lnkd.in/dh4_4rVB or contact Chris Gray at [email protected]. #RiskExec #SmallBusinessLending #1071Compliance

?? Buydowns are gaining traction as borrowers look for ways to achieve manageable monthly mortgage payments.?Temporary buydowns can be particularly attractive for first time homebuyers making mortgage payments for the first time, as well as borrowers who expect to have higher incomes in the future or who want to set aside money for other expenses while their monthly mortgage payments are lower.?Our Propel by Asurity document platform has the capability to incorporate a temporary buydown into loan packages for all states. If you have questions or want to learn more about any of Propel’s other capabilities, please contact Brad Vasto?at [email protected] or visit https://lnkd.in/dUCYJcpg. #PropelbyAsurity #ReconsiderationofValue #ROV #RegulatoryCompliance

A recent study by the Consumer Financial Protection Bureau and the U.S. Department of Justice has highlighted potential racial disparities in the treatment of Black and White small business owners during the beginning stages of the credit process. The findings shed light on how implicit bias and differential treatment can affect minority business owners’ access to financing, and demonstrate that certain key fair lending risks, such as disparate treatment and steering, will soon come under enhanced scrutiny in the commercial lending space. Learn more about this in our latest blog by Asurity Advisors, Senior Consultant, Melissa Ettel -->? https://lnkd.in/eh_68dsJ #AsurityAdvisors #SmallBusinessLending #FairLending

?? Stay Ahead of Redlining Risks with RiskExec! ?? Monitoring and managing redlining risk has never been more efficient or precise. RiskExec’s dedicated Redlining Module streamlines the entire process—identify in-scope geographies, select peers, generate analytics, and review results with ease! ??? Take control of compliance with the only tool that’s designed for redlining analysis. Explore RiskExec today! Contact Chris Gray at [email protected] to schedule a demo. #RedliningRisk #ComplianceTech #RiskExec

ICYMI: RiskExec Connect kicks off tomorrow, 11/21, at 1pm. Hear from our Managing Director of Asurity Academy, Patti Joyner, CRCM,on what you can expect. ??Reserve your spot today ?? https://lnkd.in/dapN6JkT. #REC2024 #RiskExec

?? ROV Requirements Are Here.?Are You Ready? As if Halloween wasn’t scary enough, October 31st marked the deadline for financial institutions to implement the new reconsideration of value (ROV) processes mandated by FHA, Fannie Mae and Freddie Mac. But have no fear, Asurity has you covered! The ROV disclosure is included in Propel application packages and will populate information specific to each lender’s unique process based on the information provided by lenders. To learn more please contact Brad Vasto at?[email protected] or visit https://lnkd.in/dUCYJcpg #PropelbyAsurity #ReconsiderationofValue #ROV #RegulatoryCompliance

A strong CRA rating is critical for banks to expand their operations, and accurate loan data plays a key role. A regional bank, needing validation of their CRA Loan Register data, turned to Asurity Advisors for assistance. By conducting a targeted review of the gross annual revenue field and proposing updates where needed, Asurity Advisors ensured data accuracy and regulatory compliance. Read more about how Asurity helped this bank prepare for a successful CRA review --> https://lnkd.in/g-fV6muy #AsurityAdvisors #CRA #CommunityReinvestmentAct

?? In a few days we kick off RiskExec Connect 2024 - 11/21 from 1pm - 5pm. Hear from our, Managing Director of Asurity Academy, Patti Joyner, CRCM, on what you can expect! ?? Register today at https://lnkd.in/dapN6JkT. #REC2024 #RiskExec

ICYMI:? TRID Refresher Series Part 2: TRID Timing Requirements for Disclosures and Mortgage Transactions ?? In this informative post, we delve into the timing requirements of the TRID Rule, including delivery methods, business days, certain exceptions, as well as offer recommendations for lenders to streamline their workflows, thereby avoiding disclosure timing issues. Read the blog at https://lnkd.in/e53qawAg #TRID #MortgageDisclosure #Compliance