Jaust

One-third of consumers say they would consider switching lenders over older scoring models, making underwriting technology a potential borrower-retention issue

Platform calculates bank-statement income and evaluates complex files against investor-specific guidelines before formal underwriting

The platform alerts production teams to documentation, eligibility, and GUS-related issues before files reach underwriting

The agency says proprietary and machine-learning models do not relieve lenders of their fair lending and disclosure responsibilities

After a four-month preview involving more than 25,500 loans, the company's Autopilot platform is now commercially available for mortgage pre-underwriting

Digital pay stub tools are gaining traction among self-employed workers, but mortgage lenders continue relying on automated verification and multiple data sources to validate borrower income