JAUST, an automated underwriting system (AUS) built specifically for jumbo mortgage originations, has launched with a cloud-native platform that aims to help lenders cut underwriting costs and accelerate decision times, the company announced Tuesday.

The platform is designed for portfolio lenders and mortgage banks that manage dozens of jumbo investors and complex overlays.

“The mortgage industry has been stuck with legacy systems and manual workarounds for too long,” Michael Hurley, JAUST’s founder and product owner, said in a statement. “JAUST was built from the ground up to eliminate bottlenecks and bring intelligent automation to segments of lending that have been details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com