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DS News September 2020

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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93 93 INVESTMENT GOVERNMENT PROPERTY PRESERVATION TECH A FOCUS ON FAIR SERVICING RiskExec added Fair Servicing into its leading reporting and analysis platform for HMDA, CRA, and Fair Lending. Loan servicing practices have become ever more critical in the world of COVID-19 loan forbearance and modification. To aid lenders and loan servicers in navigating these challenges, RiskExec this month has announced a cutting-edge compliance module dedicated to Fair Servicing. RiskExec Fair Servicing is specially configured to help lenders and servicers manage complex loan forbearances and modifications authorized under the 2020 Coronavirus Aid, Relief, and Economic Security (CARES) Act. RiskExec is a comprehensive web-based compliance reporting and analysis platform that automates Home Mortgage Disclosure Act, Community Reinvestment Act, redlining analysis, and fair lending compliance processes. Developed by Asurity, which delivers end- to-end products and services for the mortgage lending market, RiskExec monitors borrower treatment and manages regulatory compliance obligations for lenders. "We are very proud to add Fair Servicing to our product suite, making us the most integrated fair lending compliance solution on the market," said Dr. Anurag Agarwal, Founder, President, and Chief Architect of RiskExec. "Compliance is very complicated. Our clients must react quickly to the evolving compliance landscape, and RiskExec's rapid development process keeps them current." Journal Paul Boudier Keller Williams Realty paul@paulboudier.com PaulBoudier.com | 916.919.5775 PREMIUM FORCE MEMBER Michael Perry Heritage REI mike@heritagerei.com HeritageREI.com | 925.209.0658 PREMIUM FORCE MEMBER David Quinones Coldwell Banker Garden State david.quinones@coldwellbanker201.com NJREOPros.com | 201.280.1073 Market served from Northern Bergen County NJ and Rockland County NY PREMIUM FORCE MEMBER was the most recently reported Fannie Mae Conventional Single-Family Serious Delinquency Rate. STAT INSIGHT 3.24% 3.24%

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