Loan audit system and method with chained confidence scoring
US11010832B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 11, 2018 |
| Grant date | May 18, 2021 |
| Priority date | — |
| Expiry date | Oct 17, 2038 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06V30/416
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
The invention relates to a computer-implemented system and method for grading of a loan using chained confidence scoring. The method may comprise the steps of: scanning documents within a credit file for the loan, extracting attributes from the scanned documents and from electronic documents in the credit file, calculating a plurality of calculated attributes based on the extracted attributes, calculating a loan risk rating based on the calculated attributes and the extracted attributes, calculating an aggregated confidence value associated with the calculated loan risk rating, and enabling a user to modify the loan risk rating, the aggregated confidence value, and a number of chained confidence values. The confidence values input by the user are used as training data to train a chained confidence model and the chained confidence model is used to calculate the aggregated confidence value in connection with the automated grading of a loan.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.