April 2021
almost 3 years ago by Doug
Release notes
New Products
- Customers can now get paystub provider information through Paystubs Capture. For more information, see book pay stub data.
- QM lenders now have access to an income calculation endpoint for traditionally employed borrowers with PDF and CSV export options in order to stay compliant with regulatory requirements and to add their own tweaks to the Ocrolus industry standard calculations. For more information, click here.
- Clients can now retrieve the captured data for a specific form. For more information, click here.
- Prospects can now sign up for a free Ocrolus trial account on Ocrolus.com and upload 50 pages of bank statements, paystubs, W2s, and 1040s for Capture
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.
- 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.
- 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