April 2021

Release Notes

New Products

Enhancements

  • QM lenders now have access to “Other Income” data inputs, calculations and results for traditionally employed income calculations in order to have a more complete income picture of their loan applicants. https://docs.ocrolus.com/reference/income#traditionally-employed-income
  • QM lenders now have access to documents used and not used for traditionally employed income calculations in order to gain confidence in our calculations and make exceptions for certain applicants. https://docs.ocrolus.com/reference/income#traditionally-employed-income
  • QM lenders now have access to “Military Entitlements” data inputs, calculations and results for traditionally employed income calculations in order to be able to serve borrowers with a military affiliation https://docs.ocrolus.com/reference/income#traditionally-employed-income
  • PPP and other lenders now have their 1040 schedule C forms (for year 2020) processed with our template parser service in order to have a faster turnaround time. https://docs.ocrolus.com/docs/irs-form-1040-schedule-c-2020
  • Clients will now see standardized rejection reasons for documents in the Web App and API output. https://docs.ocrolus.com/docs/rejection-reasons
  • Encompass Clients can now have unidentified form types indexed to the Unassigned pane of the file manager to better support current lender process flows
  • Encompass Clients can now have Ocrolus listen on multiple document containers within a loan to better support current lender process flows
  • Encompass Clients can now trigger webhooks based on any standard field values in Encompass or though a custom field schema