Company Filing History:
Years Active: 2011
Title: Nitirwork Armstrong: Innovator in Mortgage Loan Processing
Introduction
Nitirwork Armstrong is a notable inventor based in Silver Springs, MD (US). He has made significant contributions to the field of mortgage loan processing through his innovative ideas and solutions. With a focus on improving the efficiency and effectiveness of mortgage applications, Armstrong has secured a patent that showcases his expertise.
Latest Patents
Armstrong holds a patent for a "System and method for acquiring a mortgage loan." This computer-implemented method is designed to process applications for mortgage loans by incorporating a set of financial lending requirements and addressing the associated financial lending risks. The method involves several steps, including receiving the mortgage loan application, processing it through an electronic database, applying financial lending requirements, generating a list of eligible lenders or loan products, and submitting the application to the selected lender. This innovative approach aims to streamline the mortgage loan process and enhance the experience for both lenders and borrowers.
Career Highlights
Nitirwork Armstrong is currently employed at Fannie Mae, a leading organization in the mortgage finance industry. His work at Fannie Mae allows him to apply his innovative ideas in a practical setting, contributing to the advancement of mortgage loan processing. Armstrong's dedication to improving financial lending practices has positioned him as a valuable asset in his field.
Collaborations
Armstrong collaborates with several professionals in his field, including Harold Lewis, Jr. and Tracey G. Amos. These collaborations foster an environment of innovation and creativity, allowing for the development of new ideas and solutions in mortgage loan processing.
Conclusion
Nitirwork Armstrong is a distinguished inventor whose work in mortgage loan processing has made a significant impact on the industry. His patented system not only enhances the efficiency of mortgage applications but also addresses the financial risks involved. Armstrong's contributions continue to shape the future of mortgage lending.