About Comply Fair Lending
Comply Fair Lending is a compliance software from RATA Associates that assists financial institutions in meeting fair lending regulations. It provides tools for data analysis, reporting, and fair lending risk assessment, so users can ensure adherence to legal requirements. Designed for financial institutions, the platform enables the identification of potential disparities in lending practices and helps users manage compliance more effectively. Key capabilities: data analysis reporting tools fair lending risk assessment compliance monitoring user-friendly interface Best for: financial institutions that need to comply with fair lending laws and assess their lending practices.
Comply Fair Lending Details
Comply Fair Lending's In-App Market Place
Does Comply Fair Lending have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD ($), CAD ($), JPY (¥), CNY (¥), CHF (CHF), RUB (₽), INR (₹), BRL (R$), MXN ($)
Pros & Cons
- Comprehensive Analysis: Analyzes various loan types (real estate, auto, credit card, consumer) and risk factors (redlining, pricing, underwriting).
- Customizable Scorecards: Allows users to create and customize scorecards for detailed risk assessment.
- Advanced Statistical Analysis: Offers robust regression analysis with flexible variable selection and manipulation.
- Proxy Data Integration: Supports the use of proxy data, including BISG, for demographic analysis.
- File Comparisons: Enables detailed comparisons of similar loan applications across different groups.
- Complex Software: The advanced features and statistical analysis might require a high level of expertise.
- Potentially Steep Learning Curve: Due to the complexity, users might need significant training to fully utilize the software.
- Limited Pricing Information: Pricing details are not readily available on the website; you must request a demo.
- Interface: The website mentions that the interface is similar to Microsoft office, which means that it may not be a modern web based interface.
- Information Overload: The site contains a large amount of information, which could be overwhelming.
Comply Fair Lending's Support Options
Email Address
sales@rataassociates.comContact
+1 407-831-7282