Release notes

In this release, we've expanded Mortgage Analyze to include new income coverage and introduced additional attributes for Classify and Capture documents.

Enhancements

Mortgage

Expanded income coverage

We’re excited to expand the income coverage in Ocrolus Analyze for Mortgage to include calculations based on Freddie Mac, FHA, VA, and USDA guidelines, in addition to our existing support for Fannie Mae guidelines.

• For Encompass Clients: Income calculations will now automatically reference Encompass data and provide results aligned with the selected loan guidelines for immediate review.
• For Dashboard Users: You can now toggle between different guidelines using a convenient dropdown menu, selecting the income calculation standard that best suits your needs.

This enhancement empowers you to support a broader range of loan types by increasing efficiency and flexibility in your lending process. To learn more, see the Mortgage Analyze section.

Classify and Capture

Additional attribute support

Ocrolus now offers support for the following attributes within the specified document type configuration:

• Closing Protection Letter
  • closing_protection_letter-Part1-General:isTheDocumentSigned?
    
    
• IRS Form 1040-X - Amended U.S. Individual Income Tax Return
  • 1040_x-Part1-General:thisReturnIsForFiscalYear:month
  • 1040_x-Part1-General:thisReturnIsForFiscalYear:year