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ComplianceOfficer

HMDA · fair lending · CRA

Mortgage compliance software, HMDA software and fair lending software for US lenders

Mortgage compliance software scrubs and files your HMDA loan/application register, tests loans against TRID and high-cost rules, runs fair lending analysis, and tracks the CFPB and banking agency rules those checks are built on. Ncontracts (which owns QuestSoft), Wolters Kluwer, Asurity and ComplianceEase sell the loan-level side, all on quote. 2026 moved three of the underlying rules, which is the part we watch.

§ Live · Compliance scan

One free run. Nothing you pick is stored.

Frameworks you answer to

Bank, US · first rows of a real scan

  • § 01 Written AML program with a named officer
  • § 02 KYC / Customer identification program
  • § 03 Customer due diligence and beneficial ownership
  • § 04 Transaction monitoring and SAR filing
§ 02

What the software has to deliver

HMDA software and loan compliance tools are bought for these deadlines

Every feature list in this category traces back to a short set of federal rules. If a tool cannot prove each of these for every file in the period an examiner picks, it is not doing the job you are paying for.

Mortgage compliance analyst reviewing a loan application register with a highlighter at a bank back office desk
About 4,768 institutions filed 2025 HMDA data, according to the CFPB's March 2026 release. Every one of them answers for the edits on its own register.
§ 03

What moved this year

Fair lending software settings written before 2026 are already out of date

Loan-level tools test files against rules. When the rules move, somebody has to notice, read the Federal Register notice and change the program. These are the changes from the last twelve months that touch a US mortgage lender, each read from the Federal Register.

The Regulation B rule interprets ECOA only. It does not amend the Fair Housing Act, and state fair lending laws are separate, so a fair lending program that simply drops its disparate impact testing is taking a position the rule does not cover. That judgment belongs to your counsel; the job of software is to make sure the question reaches them the week the rule lands.

§ 04

The vendors

Mortgage compliance software compared on coverage and public price evidence

None of these vendors prints a price list. We checked their sites, US federal award records, Vendr and banker forums. Where a dollar figure exists, it is below with its source; where it does not, we say so rather than estimate.

Mortgage compliance software vendors compared
Vendor What it covers Public price evidence Best fit
Ncontracts (QuestSoft)HMDA, CRA, fair lending, 1071, plus compliance, vendor and risk management. Bought QuestSoft in January 2021Quoted. 2017 BankersOnline posts put QuestSoft between under $1,000 and $3,500 a year; Vendr shows no usable Ncontracts contract dataBanks and credit unions wanting lending compliance inside one risk suite
Wolters Kluwer (HMDA Wiz, CRA Wiz, Fair Lending Wiz)HMDA collection and scrubbing, CRA analysis and mapping, regression, matched-pair and redlining analysisFederal awards: OCC paid $482,132 for CRA Wiz licenses, maintenance and training over 2014 to 2019, then $457,200 for a base year and four options from October 2019; DOJ paid $10,872 a year for maintenance, flat from 2011 to 2016Larger lenders that need examiner-grade fair lending statistics
Asurity (RegCheck, RiskExec)Loan-level compliance testing linked to root causes; RiskExec for fair lending, redlining, CRA and HMDAQuotedLenders testing every file before closing
ComplianceEase (SitusAMC)Loan audits for originators, secondary-market buyers and regulators since 2001QuotedOriginators and investors auditing purchased loans
Your LOS compliance engineDisclosure timing and fee tolerance checks inside the loan origination systemBundled with the LOS contractTRID timing on every file, with no extra vendor
ComplianceOfficerWatches the federal regulator sites daily for changes to the rules on your register and drafts the policy update for each gap you mark. Does not scrub a LAR or test loans$149 a month or $894 a year, publishedKnowing when Reg B, Reg C, 1071 or CRA moves

The OCC figure is worth reading twice. The regulator that examines national banks licenses the same CRA tool many of those banks run, which tells you what examiners will reproduce. It also sets a ceiling: a federal agency with nationwide examination needs paid under $100,000 a year on average across the 2014 contract, so a community lender quoted anywhere near that for one module should ask what else is in the bundle.

Geocoding is the line item to question. The FFIEC geocoder at geomap.ffiec.gov returns the census tract and demographics for a single address at no charge. Batch geocoding of a full LAR is what the paid tools add, so ask whether it is inside the quote or billed per record. For the vendor side of the same budget, see Ncontracts competitors and pricing.

§ 05

Getting a quote

How much mortgage compliance software costs and what moves the quote

With no list prices, every quote is built from four numbers you already know. Send the same four to each vendor and the proposals become comparable.

1

LAR rows a year

Applications and originations, not closed loans. Pricing bands and the 60,000 quarterly line both key off it.

2

Modules

HMDA only, or CRA, fair lending regression and 1071 too. Do not buy 1071 for 2026 if you will not reach 1,000 originations.

3

Loan testing volume

Per-loan testing tools bill on files run. Count pre-closing and post-closing runs separately.

4

Integration

A direct LOS export saves the most labor. Ask who maintains the field mapping when the LOS upgrades.

The 1071 change is real money for small lenders. Under the 2023 rule a lender with 100 covered small business originations was in scope; the May 2026 rule raised that to 1,000 in each of two years. A community bank that bought a 1071 module in 2024 may now be outside the rule entirely, which is a renewal conversation worth having before the auto-renewal date. Our bank compliance software page covers the BSA/AML side of the same program.

Two compliance officers at a credit union preparing policy documents for a fair lending exam
§ 06

What examiners find

HMDA reporting software exists because of orders like this one

On November 28, 2023 the CFPB fined Bank of America $12 million for reporting false HMDA demographic data: loan officers recorded that applicants had declined to give their race, ethnicity or sex without ever asking. The order ran until the CFPB terminated it on June 5, 2025, after the bank met its terms. It remains the most recent HMDA penalty we could find.

The lesson for a buyer is that HMDA errors are rarely arithmetic. They are process: who collects the demographic fields, when, and whether anyone checks. A scrubber catches a missing field; it cannot tell you that your written procedure still describes a collection step your loan officers stopped doing. That gap between the procedure and the rule is what an examiner reads first.

The other side of 2025 is that federal fair lending enforcement pulled back. A federal court vacated the Trustmark redlining judgment on May 21, 2025, and several redlining orders ended early. State regulators and attorneys general did not sign up to that shift, so a multi-state lender still answers to them.

§ 07

Where ComplianceOfficer fits

Buy a HMDA tool for the register and keep the rules behind it current

Buy a loan-level tool for

LAR scrubbing, geocoding, loan testing, regression

Field edits before submission, census tracts in batch, TRID and high-cost tests on every file, and the statistics a fair lending exam asks for. Ncontracts, Wolters Kluwer, Asurity and ComplianceEase do this. We do not.

Buy ComplianceOfficer for

Knowing when Reg B, Reg C, 1071 or CRA moves

The CFPB, OCC, FDIC and Federal Reserve sources checked daily against your lending register, a status on every obligation, a policy update drafted for each gap you mark, and a dated trail to hand an examiner. The April 2026 Regulation B rule is exactly the kind of change it is built to catch.

Get started for $149 a month Bank compliance software Regulatory change management Financial services compliance software
§ 08

Questions buyers ask

How much does HMDA software cost?

No major vendor publishes a price. Public records give a range: the Department of Justice paid Wolters Kluwer $10,872 a year for CRA Wiz maintenance from 2011 to 2016, the OCC paid $457,200 for CRA Wiz licenses over a base year and four option years from 2019, and bankers on BankersOnline reported QuestSoft quotes from under $1,000 to $3,500 a year in 2017. Quotes scale with LAR volume and the modules you add.

Who has to report HMDA data?

A bank, savings association or credit union is covered if it originated at least 25 closed-end mortgage loans in each of the two preceding calendar years, or at least 200 open-end lines of credit, and meets the asset, location and federal-relationship tests. For 2026 collection the asset exemption is $59 million: institutions at or below it on December 31, 2025 are exempt.

When is HMDA data due?

The loan/application register for a calendar year is due by March 1 of the following year under 12 CFR 1003.5(a). Institutions that reported at least 60,000 covered loans and applications, excluding purchased loans, for the preceding year also file quarterly, within 60 calendar days after the end of each of the first three quarters.

What is the Section 1071 compliance date?

January 1, 2028. The CFPB final rule published on May 1, 2026 replaced the old tiered dates with one date, and it applies only to lenders that originate at least 1,000 covered small business credit transactions in each of 2026 and 2027. The small business definition dropped from $5 million to $1 million in gross annual revenue.

Does ECOA still allow disparate impact claims?

Not under the CFPB's reading. Its Regulation B final rule published April 22, 2026, effective July 21, 2026, states that ECOA does not authorize disparate-impact liability and narrows what counts as discouragement. It interprets ECOA only, so the Fair Housing Act and state fair lending laws still need their own review.

Is the 2023 CRA rule in effect?

No. The 2023 rule remains enjoined and banks are examined under the CRA rules that predate it. The Fifth Circuit dismissed the OCC and FDIC appeal on July 9, 2026, and the two agencies published a new proposal on August 12, 2026 with comments due October 13, 2026. The Federal Reserve did not join it.

See which lending rules on your register moved this year

One register of the rules that apply to your institution, checked daily, with a policy update drafted for each gap you mark. $149 a month for one owner, $298 for up to three people, month to month. Compare every plan on pricing.

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§ 90

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