Asurity

We are happy to have our President of RiskExec, Anurag Agarwal, joining Patti Joyner, CRCM at VACB's Summer Compliance School from July 24-26 in Staunton, VA. Patti and other speakers will be covering hot topics like 1071 Data Collection and CRA updates. We're looking forward to hearing from and gaining insight from all the speakers. For more information, visit https://lnkd.in/eKSdgpq3.

🏡 As housing costs rise, many Americans opt to upgrade their existing home rather than purchase a new one. One of the primary ways homeowners traditionally fund home renovations, particularly larger budget projects, is with a home equity loan. Whether it be a closed-end home equity loan or an open-end home equity line of credit (HELOC), home equity loans allow homeowners to tap into their home’s equity to cover large expenses such as home renovations, debt consolidation, or medical expenses. Propel™ by Asurity, our cutting-edge mortgage document solution, supports HELOC packages in all 50 states and can generate those loan packages within seconds! For information on Propel’s HELOC packages and to learn more about what our platform can do, contact Brad Vasto at bvasto@asurity.com or visit https://lnkd.in/dUCYJcpg. #HELOC #HomeEquity #MortgageLoan

✍ Blog Post: Putting All Your Eggs in One Basket: The Compliance Risks of Concentrations by Lynn Woosley - Explore the intricacies of concentration risk in banking and its impact on compliance. From credit concentrations to servicing compliance, discover how to manage these risks effectively and ensure robust compliance management systems. Read now ➡ https://lnkd.in/ew3yYnSB. #Banking #RiskManagement #Compliance #CreditRisk #FinancialRegulation #BankingInsights

💡 Did you know #RiskExec users can now benefit from enhanced Volume, Peer and Market results in the #Redlining module, which now includes a shortfall metric? This feature indicates the number of additional records needed in the reviewed tracts to match the peer or market percentage for that geography. To learn more about this advanced feature in RiskExec contact Chris Gray at cgray@asurity.com.

🤔 Missed our RegCheck demo during Mortgage Bankers Association Demo Days last week? Don't worry, here's your chance to take a sneak peek of our best-in-class mortgage loan compliance solution and learn a little about how it stands out from other solutions with its unique features and benefits. Click the link and advance to timestamp 22:18 to watch the demo 👉 https://lnkd.in/e9rSNbnX Want to learn more, contact Brad Vasto at bvasto@asurity.com. #LoanOrigination #MortgageCompliance

Yesterday, the Consumer Financial Protection Bureau and Federal Financial Institutions Examination Council released the 2023 HMDA Peer National Snapshot. 👏 We are proud to say that our #RiskExec team has downloaded, converted, and reviewed the data. It is now available for immediate use in RiskExec. It consists of submissions from 5,113 institutions totaling in 11,483,889 records as of May 1, 2024. For more information contact 👉 riskexec.support@asurity.com. #HMDA

🏦 Bank directors today bear immense responsibility for ensuring safe and sound operations by overseeing activities and holding management accountable. Effective oversight requires directors to be well-informed on operations, strategies, opportunities, and threats, supported by robust risk reporting. In this latest blog post from our Asurity Advisors team, Grace Brasington and Lynn Woosley - Empower Your Board, Empower Your Bank: The Art of Effective Board Reporting - they provide background on: ✅ What is the Board's role? ✅ What does the Board need to know? ✅ What does the Board need to do? Bonus: They also provide practical best practices for board reporting materials. Read the blog at https://lnkd.in/eXMbyGds

ICYMI: 💡Get a firsthand account of why our best-in-class mortgage loan compliance solution - RegCheck®- is leading the market in innovation during Mortgage Bankers Association’s Demo Days on July 11 from 12pm - 1pm ET. Join Brad Vasto and Franci Webster as they walk you through a live view of RegCheck’s state-of-the-art platform featuring: ✅ Comprehensive compliance checks, ✅ Client configurable checks and results, ✅ Intuitive compliance reports delivered in an interactive PDF format, and more! RegCheck helps you cover all the bases with comprehensive checks spanning federal, state, and local rules and regulations, as well as agency and investor guidelines. Register today at https://lnkd.in/e9yY6KmF #MortgageCompliance #RegTech

🚀 Exciting news! We've integrated our cutting-edge #Propel™ and #RegCheck® solutions with Wilqo™’s revolutionary Production Optimization Platform, "Charlie," to streamline the mortgage loan generation process even more. 🌟 This powerful partnership ensures efficiency, compliance, and a seamless experience for lenders. 👏 Learn more at https://lnkd.in/e3M-MJ7G. #MortgageLoan #Compliance

📢 We’re thrilled to announce the launch of our Asurity Advisors website! Head over to www.asurityadvisors.com to explore our range of services and discover how we can support your risk and compliance needs. Whether you're looking for expert guidance or innovative solutions, we've got you covered. Take a look and let us know your thoughts! #AsurityAdvisors #Compliance #AdvisoryServices #RiskManagement