Loan commitment system and method
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United States of America Patent
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Oct 4, 2011
Grant Date -
Dec 9, 2010
app pub date -
Jun 10, 2010
filing date -
Dec 30, 2002
priority date (Note) -
In Force
status (Latency Note)
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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.
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