System and method for processing a loan

US8423451B1 · kind B1 · utility

Assignee

• Fannie Mai · US

Inventors

• David Flaxman · Bethesda, US
• Minerva L. Tantoco-Hobbs · Washington, US
• Anne M. Murphy Kobus · Silver Spring, US
• Michael Koch · Radebeul, DE
• Daniel Packer · Rockville, US
• Peter G. Plofchan · Washington, US
• Richard C. Pomeroy · Chinook, US

Key dates

• Filing date: Dec 30, 2005
• Grant date: Apr 16, 2013
• Expiry date: Mar 27, 2029

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A computer-implemented data processing system for managing processing of mortgage loan applications comprises task manager logic configured to generate a first list representing a first plurality of tasks to be performed in connection with a mortgage loan application. The task manager logic is also configured to generate a second list representing a second plurality of tasks to be performed in connection with the mortgage loan application. The second list is generated after work has been performed in connection with processing the first list. The task manager logic comprises reconciliation logic configured to reconcile the first and second lists so that the work performed during processing of the first list is reflected in the second list.