Technology | Wiz Basic

Wiz® Basic

Simple, Affordable HMDA Compliance for Smaller Volume Lenders

We've brought our industry-leading HMDA management capabilities and submission best practices into a Hosted "out of the box" Internet based solution that can get you started immediately.

Quickly perform all essential HMDA compliance functions on your data including: geocoding, rate spread calculations, HMDA FFIEC edit checks, and preparation of the hmda.dat submission file. Effortlessly generate the LAR and public LAR report. And monitor key performance indicators with dashboards to stay on top of your compliance status.

Wiz Basic is a fully-hosted solution, which requires no special IT expertise because there is nothing to install. And because it is web-based, any regulatory updates require no action on the part of the user.

Features & Benefits:

HMDA Edit Checks:

• Import Wizard: Guides you through the process of importing a loan file from your LOS system.
• Browser Based Interface: Zero in on and correct FFIEC edit check errors.
• Action Items: Easily assign the resolution of edit checks to other system users and track them to completion.

HMDA Submission:

• Submission Package: Intuitive wizard guides you the process of creating a submission package, simplifying the process through automated submission.

Analysis:

• FFIEC Edit errors and geocoding reports: Quickly identify and resolve FFIEC Edit errors prior to submitting data to the regulators.
• Dashboard Reports: Out-of-the-box reports and Key Performance Indicators provide continuous monitoring of the most common performance metrics to help understand adverse trends.

Click on the links at the right to download a brochure on Wiz Basic or click here to contact a product sales specialist.