Case Study: MCM Holdings reduces underwriting time with Ocrolus

MCM Holdings cuts bank statement review time by 90% with Ocrolus

MCM Holdings, Inc., a mortgage lender, faced a challenge where manual underwriting workflows, including bank statement review and document indexing, were slowing operations and limiting scalability. To address this, they turned to vendor Ocrolus and its AI-powered workflow and analytics platform.

By implementing Ocrolus, MCM automated its bank statement analysis and document classification. This solution delivered significant results, including a over 90% reduction in bank statement review time, a 23% faster average closing time, and support for 25% year-over-year loan volume growth. The vendor Ocrolus helped MCM achieve a more efficient and scalable operation.

MCM Holdings, Inc