Online system for fulfilling loan applications from loan originators
First Claim
1. A computer program product for the formatting and transmission of data to and from a loan originator computer to and from one or more partner computers, the computer program product encoded in a medium and including instructions for implementing:
- a loan origination software program resident on the loan originator computer including a native web browser capability embedded in the loan origination software program;
a formatting process integrated in the loan origination software program and configured to re-format and publish loan application information provided by the loan origination software program in a format compatible with a financial service software program of a target partner computer of the one or more partner computers;
a transmission process integrated in the loan origination software program and configured to transmit re-formatted loan application information to the target partner computer.
6 Assignments
0 Petitions
Accused Products
Abstract
A processing and submission client/server system transmits relevant loan information from a borrower to one or more lender computer systems through pre-defined file templates, which are utilized during loan origination. An automatic data flow process from the origination screen populates the relevant fields in any other related loan forms and word processing documents. Different forms are supported for different types of loans. The loan originator computer system includes a loan origination software program integrated with a web-browser based interface system. The interface system couples the loan origination software program to one or more partner computers. The partners comprise loan underwriters, lenders, and settlement service vendors. The interface system provides dynamic formatting and data transmission for different connections depending on the transaction type and target partner. In a web-based implementation, the interface system populates data directly from the loan origination software program to the appropriate web pages of the target partners.
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Citations
24 Claims
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1. A computer program product for the formatting and transmission of data to and from a loan originator computer to and from one or more partner computers, the computer program product encoded in a medium and including instructions for implementing:
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a loan origination software program resident on the loan originator computer including a native web browser capability embedded in the loan origination software program; a formatting process integrated in the loan origination software program and configured to re-format and publish loan application information provided by the loan origination software program in a format compatible with a financial service software program of a target partner computer of the one or more partner computers; a transmission process integrated in the loan origination software program and configured to transmit re-formatted loan application information to the target partner computer. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A method for processing and submitting loan application data over a computer network for the formatting and transmission of data to and from a loan originator computer to and from one or more partner computers, the method employing a loan origination software program with native web browser capability resident on the loan originator computer, and one or more web browser modules, the method comprising the steps of:
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providing, within the loan origination software program, at least one file template comprising a number of user input fields, through a graphical user interface accessible on the loan originator computer, each file template corresponding to a document within a loan application; accepting user specified data for one or more of the user input fields; automatically entering, using the one or more web browser modules, the user specified data into corresponding user input field in any other file template that includes such corresponding user input fields; calculating, within the loan origination software program, data entries for input fields on the one or more file templates that depend on data from one or more other input fields; and transmitting, using the one or more web browser modules, from the loan origination software program, the file template containing the user specified data to a target partner computer of the one or more partner computers. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24)
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Specification