JAUST Launches Automated Underwriting Platform for Jumbo, Non-QM Mortgages

JAUST, an automated underwriting system purpose-built for jumbo mortgage originations, has officially launched, offering lenders an unprecedented level of precision, efficiency, and cost-effectiveness. This state-of-the-art system empowers lenders to confidently navigate the complexities of jumbo loans while delivering borrowers faster final decisions. “The mortgage industry has been stuck with legacy systems and manual workarounds for too long,” said Michael Hurley, Founder and Product Owner of JAUST™. “JAUST was built from the ground up to eliminate...

Mastercard to Acquire BVNK to Connect On-Chain Payments, Fiat Rails

Expands capabilities to support greater choice in how people and businesses exchange value BVNK’s digital asset infrastructure complements and extends Mastercard’s trusted global payments network, creating interoperability between fiat and stablecoins Enables financial institutions and other customers to address new use cases with stablecoins, tokenized deposits and tokenized assets Mastercard today announced a definitive agreement to acquire BVNK, a leader in stablecoin infrastructure, for up to $1.8 billion, including $300 million in contingent payments. The...

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