Loan commitment system and method
US8032450B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 10, 2010 |
| Grant date | Oct 4, 2011 |
| Priority date | — |
| Expiry date | Jun 10, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The processing of loans techniques includes a system, and a method. In some embodiments, the system includes a processor, a machine readable storage media, a committing logic, and a user interface. The committing logic is configured to permit a seller of a plurality of mortgage loans to enter into and update commitments to sell the plurality of mortgage loans in secondary mortgage market. The user interface logic is configured to provide an Internet-enabled interface to permit the seller to access the committing logic and to receive the commitments to sell the plurality of mortgage loans by way of the Internet. This Abstract is provided for the sole purpose of complying with the Abstract requirement rules. This Abstract is submitted with the explicit understanding that it will not be used to interpret or to limit the scope or the meaning of the claims.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.