Changelog

The Changelog automatically tracks and records any changes made by loan team members to the field values and calculations initially computed by Ocrolus. This provides a comprehensive audit trail and documents all modifications to enhance data integrity and compliance. By capturing these changes, it improves the transparency and accountability of borrower income calculations.

Key Benefits

The changelog feature brings the following benefits:

• Transparency: The Changelog provides a detailed and clear record of any adjustments made to income calculations, making your lending processes more transparent.
• Compliance and Risk Management: With a comprehensive audit trail, you can easily verify data integrity, support regulatory compliance, and reduce potential risks.
• Rep and Warranty Relief: It provides the ability to track and verify unaltered calculations and allows Ocrolus to extend Rep and Warranty coverage, offering additional protection for your business.

Accessing Changelog

To access the changelog, perform the following steps:

1. Log in to the Ocrolus Dashboard.

2. Click on the name of the Book for which you want to access the changelog.

   

3. Click on the clock icon in the upper right-hand corner of the screen.

   

4. In the activity modal, all the changes made to the income values and documents throughout the lifecycle of the Book are listed. Edits will be logged when a loan team member clicks the Save button within Analyze. All edits will be stored under a drop-down header row, including details such as the date/time stamp of the edits, the user who made the edits, and the applicable borrower and employer or business pair to which the edits apply. These edits may include:

   • Manual edits made by a loan team member to field values in Analyze.
   • Changes to the chosen income radio button values.
   • Recalculations that are automatically applied by the system based on field-level edits.
   • New source document uploads that may have impacted the income computation.
   

5. To filter through edits, you can click on the menu icon on the right-hand side and sort by edit type or the age of the edits. You can also search for edits made by specific users or on specific employment records using the search box.