Method for automated and integrated lending process

• US 20020152155A1
• Filed: 04/13/2001
• Published: 10/17/2002
• Est. Priority Date: 04/13/2001
• Status: Abandoned Application

• Current Assignee: Brian Blair, David E. Fusco, James E. Greenwood, Jerry Thompson, John H. Shain, Karen Jorgenson, Melissa Hofer
• Original Assignee: Brian Blair, David E. Fusco, James E. Greenwood, Jerry Thompson, John H. Shain, Karen Jorgenson, Melissa Hofer
• Inventors: Blair, Brian, Thompson, Jerry, Shain, John H., Jorgenson, Karen, Hofer, Melissa, Fusco, David E., Greenwood, James E.
• Application Number:
  US09/834,514
• Publication Number:
  US 20020152155A1
• Time in Patent Office: Days
• US Class Current: 705/38
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

An automated and integrated lending process for use by a financial institution is provided, comprising: a) a Sales Origination component; b) a Loan Accounting and Processing component; c) a Portfolio Management component; and, d) a network infrastructure utilizing thin client workstations and multiple servers to access the automated lending system via a browser capable interface.

Claims

1. An automated and integrated loan processing system, comprising:

a) a sales origination component;

b) a loan accounting and processing component; and

,

c) portfolio management component.

2. The automated and integrated loan processing system of claim 1, further comprising a network infrastructure utilizing thin client workstations and multiple servers to access the automated and integrated loan processing system.

3. A method of processing a loan using an automated and integrated system, comprising:

a) obtaining loan application information from a borrower;

b) entering loan application information into a sales origination component;

c) exchanging information regarding a loan application with a loan accounting and processing component;

d) forming a loan record;

e) forwarding the loan record to the loan accounting and processing component;

f) forwarding the loan record to a portfolio management component.