METHOD AND SYSTEM FOR AUCTION INFORMATION MANAGEMENT
First Claim
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1. A computer-implemented method for managing foreclosure auction information, the method comprising:
- deploying, by a processor and via a communications network, to each of a plurality of foreclosure property information data sources, a respective bot;
receiving, by the processor, from each bot a respective input dataset, each input dataset relating to at least one real estate foreclosure auction event;
parsing, by the processor, information from the received input datasets, the information including a plurality of records associated with a respective plurality of properties, the parsing step including categorizing the information according to at least user-defined criteria for properties of interest, and the categorizing step including grouping the plurality of records into at least a first group of records and a second group of records, the first group of records being associated with properties categorized as having an active status, the active status indicating that a record is associated with a property meeting the user-defined criteria, and the second group of records being associated with properties being categorized as having a pass status, the pass status indicating that a record is associated with a property not meeting the user-defined criteria;
populating, by the processor, a database with information parsed from the input datasets according to at least one predefined schema and ruleset;
updating, by the processor, information stored in the database by incorporating into the database information extracted from updated input datasets received from respective ones of the bots, the updating step including (i) updating the active or pass status of one or more of the plurality of records based on the information extracted from the updated input datasets, and (ii) automatically re-categorizing the one or more records in accordance with a change in the status of the record; and
presenting, by the processor, actionable auction information extracted from the database.
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Abstract
Foreclosure auction information received from each of a plurality of sources of such information via respective Internet bots, manual updates, or other sources, is used to populate a database according to a predefined schema and ruleset. The database is updated in near real time (from any or all of the datasources), and actionable auction information that meets user-determined criteria for accuracy, timeliness and/or relevancy is extracted from the database and presented for use by a user.
4 Citations
21 Claims
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1. A computer-implemented method for managing foreclosure auction information, the method comprising:
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deploying, by a processor and via a communications network, to each of a plurality of foreclosure property information data sources, a respective bot; receiving, by the processor, from each bot a respective input dataset, each input dataset relating to at least one real estate foreclosure auction event; parsing, by the processor, information from the received input datasets, the information including a plurality of records associated with a respective plurality of properties, the parsing step including categorizing the information according to at least user-defined criteria for properties of interest, and the categorizing step including grouping the plurality of records into at least a first group of records and a second group of records, the first group of records being associated with properties categorized as having an active status, the active status indicating that a record is associated with a property meeting the user-defined criteria, and the second group of records being associated with properties being categorized as having a pass status, the pass status indicating that a record is associated with a property not meeting the user-defined criteria; populating, by the processor, a database with information parsed from the input datasets according to at least one predefined schema and ruleset; updating, by the processor, information stored in the database by incorporating into the database information extracted from updated input datasets received from respective ones of the bots, the updating step including (i) updating the active or pass status of one or more of the plurality of records based on the information extracted from the updated input datasets, and (ii) automatically re-categorizing the one or more records in accordance with a change in the status of the record; and presenting, by the processor, actionable auction information extracted from the database. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19)
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20. A computer-implemented method for managing foreclosure auction information, comprising:
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deploying a respective bot, by a processor and via a communications network, to each of a plurality of foreclosure property information data sources; receiving, by the processor, from each bot a respective input dataset, each input dataset relating to at least one real estate foreclosure auction event; parsing, by the processor, information from the received input datasets, the information including a plurality of records associated with a respective plurality of properties, the parsing step including categorizing the information according to at least user-defined criteria for properties of interest, and the categorizing step including grouping the plurality of records into at least a first group of records and a second group of records, the first group of records being associated with properties categorized as having an active status, the active status indicating that a record is associated with a property meeting the user-defined criteria, and the second group of records being associated with properties being categorized as having a pass status, the pass status indicating that a record is associated with a property not meeting the user-defined criteria; populating, by the processor, a database with information parsed from the input datasets according to at least one predefined schema and ruleset; updating, by the processor, information stored in the database by incorporating into the database information extracted from updated input datasets received from respective ones of the bots, the updating step including (i) updating the active or pass status of one or more of the plurality of records based on the information extracted from the updated input datasets, and (ii) automatically or semi-automatically re-categorizing the one or more records in accordance with a change in the status of the record; and presenting, by the processor, actionable auction information extracted from the database. - View Dependent Claims (21)
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Specification