Ocrolus Inspect now empowers lenders to detect discrepancies and take immediate action by creating and managing mortgage conditions directly within the platform. Users can name conditions, link them to specific discrepancies and seamlessly sync them back to the Encompass Form 1003, ensuring clear documentation and efficient issue resolution.
"The ability to create, sync and track conditions within Inspect gives mortgage lenders a core decisioning engine to underwrite applications faster and with greater accuracy," said Vik Dua, President of Ocrolus. "We've heard from lenders in our early rollout that with these enhancements, they expect to reduce underwriter touches by up to 75%, while doubling the number of loans they can process with the same staff."
