Patent · US Active

Mortgage loan commitment system and method

US7742981B2 · kind B2 · utility

4Cited by
74References
23Claims
0Family size

Assignee

Inventors

Key dates

Filing dateDec 16, 2004
Grant dateJun 22, 2010
Priority date
Expiry dateMay 9, 2027

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/04
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

An Internet-enabled interface for receiving commitments to sell mortgage loans. The interface includes a plurality of loan commitment input fields configured to receive loan commitment data. The data input fields include at least a loan type input field, a commitment amount input field, and a commitment period input field. The interface further includes at least one loan commitment output field including loan commitment price information; and a loan commitment transaction button configured to initiate automatic processing of the loan commitment data to create a loan commitment.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.