The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Aug. 17, 2021

Filed:

May. 09, 2018
Applicant:

State Farm Mutual Automobile Insurance Company, Bloomington, IL (US);

Inventors:

Benjamin Tarmann, Normal, IL (US);

Richard R. Rhodes, Tacoma, WA (US);

Lokesh Awasthy, Santa Clara, CA (US);

Denise DeRoeck, Bloomington, IL (US);

Jaime Skaggs, Chenoa, IL (US);

Jacob J. Alt, Downs, IL (US);

Shanna L. Phillips, Bloomington, IL (US);

Shyam Tummala, Bloomington, IL (US);

Matthew S. Meierotto, Bloomington, IL (US);

Richard D. Groonwald, Bloomington, IL (US);

Brian J. Hughes, Scottsdale, AZ (US);

Assignee:
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/02 (2012.01); H04L 9/06 (2006.01); G06Q 50/16 (2012.01);
U.S. Cl.
CPC ...
G06Q 40/025 (2013.01); G06Q 50/16 (2013.01); H04L 9/0637 (2013.01); H04L 2209/38 (2013.01);
Abstract

A system and computer-implemented method of continuously updating information about one or more of a customer approved for a mortgage and a real estate property identified as mortgage ready. The method includes monitoring information accessed from a memory storage location corresponding to a customer identification number, the information used to determine the customer is approved for a mortgage, and receiving new information about the customer, the new information used to determine the customer is approved for a mortgage. The method also includes updating, at a memory coupled to the one or more processors, the memory storage location to include the new information. The method still further includes recalculating the amount in which the customer is approved for a mortgage based upon the new information received.


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