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Ocrolus adds automated conditioning to mortgage tools

Ocrolus, an AI-powered data and analytics platform for credit decisioning, recently announced it’s adding automated conditioning to its suite of products. The new solution allows mortgage lenders to move faster, increase loan quality and reduce compliance risk.

The new capabilities, announced at the Mortgage Bankers Association’s Annual Convention and Expo in Las Vegas in mid-October, automatically surfaces underwriting conditions within a structured, auditable system and manages their full lifecycle from identification through resolution.

Traditionally, conditioning has been a manual and inconsistent process that requires underwriters and processors to review documents, interpret guidelines and enter conditions manually into loan origination details ⇒

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