August 2021

Release Notes

Enhancements

Calculate API Enhancements - https://docs.ocrolus.com/reference/income#traditionally-employed-income:

  • Lenders will now see all “raw data” for W2s in the Calculate API endpoint.
  • Lenders will now see all relevant "raw data" in the Calculate API for the monthly calculations.
  • Current and past employer flags are now based on the “60 day logic”.
  • Pay frequency is now factored in when deriving ytd income values for salary income.
  • W2s will now be expected after February 15th of the following year.
  • W2 income will now be the maximum of boxes 1, 3, and 5.
  • W2s will no longer be included in other pay income calculations.
  • Duplicate W2s will now be ignored in Calculate calculations.
  • YTD avg and YTD+W2 avg are no longer calculated if a paystub is not present.
  • YTD+W2 avg is no longer calculated if a W2 is not present.
  • Patent awards will now be treated as bonuses in Calculate calculations.
  • Bonus, overtime, and commission calculations will now be based on YTD for past employers.
  • The threshold has been reduced from three years to two years for the calculation of overtime, bonus, and commission.
  • Bonus, overtime, and commission are now based on YTD for current employer.
  • Lenders will now be warned if a book does not have a pay stub from the same year as the most recent W2 or from a more recent year for the given employer.
  • Lenders will now see a warning message in the Calculate API endpoint if duplicate W2s are found in a book.

Calculate PDF Enhancements - https://docs.ocrolus.com/reference/income#traditionally-employed-income-pdf-or-csv:

  • Lenders will now see all relevant "raw data" in the Calculate PDF for the hourly and monthly income calculations.
  • Lenders will now see a warning message in the Calculate PDF if duplicate W2s are found in a book
  • Clients can explicitly determine if pay frequency was printed on a paystub with the introduction of the Pay_frequency_captured field