Having data you can trust is where effective CRA reporting and analysis begins. CRA Data Integrity is dependent on accurate loan classification consistent with Call Reporting. Additionally, important is having geo-coding that is accurate. Bad data means unreliable analysis. Not sure if you are getting CRA exam analysis you can believe in? It may be time to review loan files.
Growingly, financial institutions are finding that performing CRA process reviews are critical to an effective CRA exam. Your next CRA exam will include CRA data integrity testing – it’s better to be prepared. Let our process review experts review & validate your process and data… and reduce CRA risk.
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