Loan compliance auditing system and method

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United States of America Patent

PATENT NO 7412417
SERIAL NO

09518837

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Abstract

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The present invention comprises a system and method for auditing loan compliance with state and federal laws and regulations. The invention comprises allowing a user to display and enter loan audit compliance data and to interactively build a set of loan compliance rules. The loan compliance rules are built for all loan licenses available within a locality. The applicable licenses are then associated with a loan originator to form a list of applicable licenses for the loan originator. In response to a loan audit request, the system identifies the loan type and the loan originator, retrieves the applicable license for the loan type and the loan originator and then retrieves the loan compliance rules associated with the applicable licenses. The system compares the loan compliance rules to the loan data to determine loan audit compliance.

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Patent Owner(s)

Patent OwnerAddress
ICE MORTGAGE TECHNOLOGY INC4420 ROSEWOOD DRIVE SUITE 500 PLEASANTON CA 94588

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Tuttle, Frank D Irvine, CA 2 415

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