SYSTEM AND METHOD FOR TRACKING, MONITORING AND REPORTING EXTINGUISHMENT OF A TITLE INSURANCE POLICY
First Claim
1. A system for monitoring a title insurance policy, the system comprising:
- a processor;
a memory in communication with the processor;
a database in communication with the processor and the memory, the database configured to store a plurality of property records,computer readable logic stored on the memory and executable on the processor, the computer readable logic configured to;
receive a title record associated with the title insurance property;
compare the received title record with each of the plurality of property records stored by the database;
match a property record of interest from each of the plurality of property records; and
report a status indicator for the title insurance policy.
12 Assignments
0 Petitions
Accused Products
Abstract
A system for monitoring a title insurance policy is disclosed. The system includes a processor, a memory in communication with the processor, and a database in communication with the processor and the memory, the database configured to store a plurality of property records. The system further includes computer readable logic stored on the memory and executable on the processor, the computer readable logic configured to receive a title record associated with the title insurance property, compare the received title record with each of the plurality of property records stored by the database, match a property record of interest from each of the plurality of property records, and report a status indicator for the title insurance policy.
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Citations
17 Claims
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1. A system for monitoring a title insurance policy, the system comprising:
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a processor; a memory in communication with the processor; a database in communication with the processor and the memory, the database configured to store a plurality of property records, computer readable logic stored on the memory and executable on the processor, the computer readable logic configured to; receive a title record associated with the title insurance property; compare the received title record with each of the plurality of property records stored by the database; match a property record of interest from each of the plurality of property records; and report a status indicator for the title insurance policy. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A method for monitoring a title insurance policy, the method comprising:
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receiving a title record associated with the title insurance policy; comparing the title record with each of a plurality of property records stored in a database, matching a property record of interest from each of the plurality of property records stored in the database; and reporting a status indicator for the title insurance policy. - View Dependent Claims (9, 10, 11, 12, 13)
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14. A method for monitoring a title insurance policy, the method comprising:
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configuring a property records database to store any documents which are related to a specific real property associated with the title insurance policy; updating the property database to reflect changes in the financing status of at least one of the records and properties stored in the property records database; comparing a title record with each of the plurality of property records stored in the property database; identifying a property record of interest from each of the plurality of records; and reporting a status indicator for the title insurance policy. - View Dependent Claims (15, 16, 17)
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Specification