Company Filing History:
Years Active: 2011
Title: Thomas L. King: Innovator in Mortgage Loan Processing
Introduction
Thomas L. King is an accomplished inventor based in Gurnee, Illinois. He has made significant contributions to the field of mortgage loan processing through his innovative ideas and solutions. His work focuses on improving the efficiency and effectiveness of mortgage loan applications.
Latest Patents
Thomas L. King holds a patent for a "System and method for acquiring a mortgage loan." This invention is a computer-implemented method designed to process applications for mortgage loans. The method includes a set of financial lending requirements and addresses certain financial lending risks associated with financing the mortgage loan. The steps involved in this method include 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 eligible lender. This innovative approach ensures that financial lending risks are managed effectively by a secondary mortgage market investor. He has 1 patent to his name.
Career Highlights
Thomas L. King is currently employed at Fannie Mae, a leading company in the mortgage finance industry. His role involves leveraging his expertise to enhance mortgage loan processing systems. His contributions have been instrumental in streamlining operations and improving customer experiences in the mortgage sector.
Collaborations
Throughout his career, Thomas has collaborated with notable colleagues, including Harold Lewis, Jr. and Tracey G. Amos. These partnerships have fostered a collaborative environment that encourages innovation and the sharing of ideas.
Conclusion
Thomas L. King is a notable inventor whose work in mortgage loan processing has made a significant impact on the industry. His innovative patent and contributions at Fannie Mae highlight his commitment to improving financial lending processes. His achievements serve as an inspiration for future innovations in the field.