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:
Sep. 25, 2012
Filed:
Mar. 30, 2011
William C. Erbey, Luxembourg, LU;
Christopher Kennedy, Luxembourg, LU;
Bryan Hurley, Lake Worth, FL (US);
Andrew Combs, Apollo Beach, FL (US);
William C. Erbey, Luxembourg, LU;
Christopher Kennedy, Luxembourg, LU;
Bryan Hurley, Lake Worth, FL (US);
Andrew Combs, Apollo Beach, FL (US);
Altisource Solutions S.à r.l., Luxembourg, LU;
Abstract
A method and system for electronically facilitating real estate transactions by providing accurate representations of the loans a borrower is qualified to receive, which are based on actual data, rather than estimates. All actions required for completing the real estate transaction, from entry of the borrower information to the closing and funding of the loan, are seamlessly integrated. An automated underwriting engine is provided for generating a decision matrix based on user input and/or existing data. An appropriate loan is selected based on the decision matrix, and is communicated to a potential borrower. After a loan is selected, fulfillment processing is performed, and the loan is funded and closed.