2008 CRA Assement Area Ratios Report
Submitted by admin on Fri, 10/16/2009 - 9:50am
GeoDataVision President Len Suzio announced the release of the National Community Reinvestment Act Assessment Area Ratio Report by GeoDataVision as part of its public service. “We know that the National CRA Assessment Area Ratio Report is an important tool for measuring one of the most important responsibilities for a bank under the Community Reinvestment Act,” said Suzio. The Community Reinvestment Act imposes on banks the requirement to lend the majority of their loans within the markets they have designated as their “assessment areas” under the Regulation. The “Assessment Area Ratio” is a specific test used by bank examiners to determine if a bank is meeting this fundamental responsibility under the Regulation.
2008 NATIONAL CRA COMMUNITY DEVELOPMENT LENDING REPORT
Submitted by admin on Wed, 09/16/2009 - 8:39am
GeoDataVision President Len Suzio announced the release of the National Community Development Lending Report by GeoDataVision as part of its public service. “We believe the National Community Lending Report is invaluable for understanding community needs and evaluating bank performance under the Community Reinvestment Act,” said Suzio.
Free recorded webinar "How to prepare for your CRA exam".
Submitted by admin on Sun, 07/19/2009 - 11:10pm
On June 25th, GeoDataVision's president Len Suzio held a free 1 hour webinar for the banking community. He is now offering the recording to all registered GeoDatavision.com users.
Register today and view the video instantly.
2009 Census tract reference books
Submitted by admin on Sun, 07/19/2009 - 12:53pm
Today GeoDataVision President Len Suzio announced the release of the 2009 Census Tract Reference Books for each state. The Census Tract Reference Books are unique in that they are organized by county and town in each state and they display not only the income classification of each census tract, but the 2009 HUD EMFI and the maximum income for a borrower to qualify as a moderate-income person. The tract reference books are available for free as a public service from GeoDataVision.
Minority and High Rate Mortgage Lending Report
Submitted by admin on Wed, 06/17/2009 - 10:52amGeoDataVision has compiled and released a special report on the Connecticut Mortgage Market: Minority and High Rate Mortgage lending. The Report contains a suite of tables and reports with detailed information extracted from the 2007 HMDA LAR for the state of Connecticut.
2009 Housing and Urban Development Estimated Median Family Income Reference Tables
Submitted by admin on Wed, 06/17/2009 - 10:14amGeoDataVision President Len Suzio announced today the release of the 2009 HUD Estimated Median Family Income Reference Tables by GeoDataVision to be used by bankers for Home Mortgage Disclosure Act and Community Reinvestment Act applications. The HUD EMFI is required in order to calculate the income classification of mortgage borrowers under HMDA. This information is indispensable for professional analysis of CRA performance under the critical Borrower Characteristics test, said Suzio.
Free Community Development Performance Tool Released
Submitted by admin on Wed, 06/17/2009 - 12:33amOn Friday, April 3 GeoDataVision announced it will post on its website a brand new tool to help bankers evaluate their CRA Community Development performance. This tool is a point rating system that will allow the user to enter data about their bank size, Tier 1 capital, community development loans, investments and services, etc. The tool will then display performance standards based on the data entered and calculate a performance rating for the user.
Free access to CRA and HMDA data.
Submitted by admin on Wed, 06/17/2009 - 12:31amGeoDataVision President Len Suzio announced the Company has opened a Free Bankers Tools and Market Data section on its web site. We realize that a lot of bankers and consumers don't know where to find important Community Reinvestment Act data, so we have initiated a section of our web site designed to provide some of that critical data to lenders and the public
, said Suzio.
