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.
Patent No.:
Date of Patent:
Feb. 08, 2011
Filed:
Dec. 16, 2004
Dror Oppenheimer, Potomac, MD (US);
Maryann Bastnagel, Potomac, MD (US);
John L. Kemper, Vienna, VA (US);
John A. Simonds, Jr., Durham, NC (US);
Mark D. Mathewson, Silver Spring, MD (US);
Navdeep Singh, Leesburg, VA (US);
Dror Oppenheimer, Potomac, MD (US);
Maryann Bastnagel, Potomac, MD (US);
John L. Kemper, Vienna, VA (US);
John A. Simonds, Jr., Durham, NC (US);
Mark D. Mathewson, Silver Spring, MD (US);
Navdeep Singh, Leesburg, VA (US);
Fannie Mae, Washington, DC (US);
Abstract
A data processing system for processing loan data for a plurality of loans including a data storage system configured to store loan data for the plurality of loans and a user interface including one or more web pages configured to enable a servicer using a remote computing system to transfer loan data over the Internet to and from the data processing system. The user interface includes a loan activity processing function configured to receive servicer loan data including loan activity data from the servicer, a trial balance processing function configured to enable the servicer to submit servicer loan data for comparison with the stored loan data, and a loan level browsing function configured to allow the servicer to view stored loan data. The data processing system further includes loan process and compare logic which includes an amortization/calculation processor configured to perform validation calculations on servicer loan data based on stored loan data, a loan activity processor configured to process the loan activity data, validate the loan activity data based on the stored loan data, and update the stored loan data based on the loan activity data. The loan process and compare logic further includes a trial balance processor configured to compare servicer loan data with stored loan data.