AI-powered mortgage and other business process automation firm, Ocrolus, announced new strategic moves, including hiring Nadia Aziz as general manager of mortgage. The company has also formed dedicated business units for mortgage and small business funding.
Mortgage is its fastest-growing business segment, the company noted, while small business funding is its largest business line. Ocrolus exec David Snitkof is now general manager of small business.
Aziz has years of varied, technology-focused experience across the mortgage industry. She’s the former chief operating officer of Roostify, a digital lending platform designed to streamline and accelerate the mortgage process for lenders and borrowers.
She was also general manager of home loans for online real estate platform Opendoor’s mortgage lending division, and served as chief commercial officer at Optimal Blue, a tech firm that acts as a bridge between the primary and secondary mortgage markets, offering solutions to automate processes, manage data, and improve efficiency for lenders and investors.
At that company, according to Ocrolus, Aziz achieved a 25% revenue compound annual growth rate, expanded margins by 50%, and led the company to “one of the largest mortgage technology M&A transactions at the time.”
Aziz additionally has her own business, Sodium LLC, and helps companies grow and scale, serving as a fractional chief experience officer.
In a post on LinkedIn, Aziz said she is “thrilled” at joining Ocrolus, claiming the mortgage industry is at a “pivotal moment” of technology adoption, “and Ocrolus is uniquely positioned to lead this transformation.”
“The company has built a strong foundation with AI-driven automation and analytics, serving over 130 forward-thinking mortgage customers and growing,” she wrote. “I’m looking forward to building on this momentum together, fueling innovation to empower lenders, elevate the borrower experience, and redefine what modern lending looks like."
"Let's do this!”
Mortgage Business Unit
Ocrolus noted it “has quickly expanded its mortgage footprint,” signing more than one new customer per week for the past 18 months and supporting clients such as CrossCountry Mortgage, NewRez, Better, and Veterans United.
Ocrolus’ Mortgage Business Unit is focused on helping lenders improve efficiency, accuracy, and customer satisfaction by automating data verification, income calculation, and loan evaluation. According to Aziz's LinkedIn post, the Mortgage Business Unit “will focus on turning static documents into actionable data, simplifying and accelerating every stage of the origination lifecycle.”
The company echoed that point, noting it “aims to become the intelligence layer across the entire mortgage origination lifecycle — transforming static documents into actionable data and delivering AI-driven automation that integrates seamlessly into every stage of the workflow.”
"With Nadia and David leading our Mortgage and SMB verticals, we're doubling down on our core strategy of delivering vertical-specific solutions," stated Sam Bobley, CEO and co-founder of Ocrolus, in a release. "This new org structure enables faster execution, deeper industry engagement, and even greater focus on solving big problems for our customers."
