Continuously monitoring and updating mortgage ready data
US11100574B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | May 9, 2018 |
| Grant date | Aug 24, 2021 |
| Priority date | — |
| Expiry date | Jun 3, 2038 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L2209/56
- WIPO fieldDigital communication
- WIPO sectorElectrical engineering
Abstract
A system and computer-implemented method for continuously updating information about one or more of a customer approved for a mortgage and a real estate property identified as mortgage ready using computer technology and/or machine learning algorithms or artificial intelligence. The method includes monitoring information corresponding to one or more of the customer or the real estate property; identifying new information about one or more of the customer or the real estate property; updating a computer file and/or memory location/address to include the new information about one or more of the customer or the real estate property; and recalculating one or more of the amount in which the customer is approved for the mortgage or the appraisal value of the real estate property based upon one or more of new information received and the updated information from the computer file and/or memory location/address.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.