Correcting errors in mortgage applications

• US 9,299,105 B2
• Filed: 11/14/2014
• Issued: 03/29/2016
• Est. Priority Date: 09/07/2005
• Status: Active Grant

• Current Assignee: Reversevision, Inc.
• Original Assignee: Reversevision, Inc.
• Inventors: Martignoni, Thomas M.
• Primary Examiner(s): Keehn, Richard G
• Application Number:
  US14/541,227
• Publication Number:
  US 20150073976A1
• Time in Patent Office: 501 Days
• Field of Search: 709/224
• US Class Current: 1/1
• CPC Class Codes: G06F 40/174 Form filling; Merging
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 50/16 Real estate
• CPC Class Codes: H04L 67/12 specially adapted for proprietary or special-purpose networking environments, e.g. medical networks, sensor networks, networks in vehicles or remote metering networks

Abstract

Methods, systems, and products determine a cost to correct mortgage applications. When electronic data is submitted in an electronic mortgage application form, the electronic data is checked for errors. If an error is determined, a cost to resolve the error is also determined.

Claims

1. A method, comprising:

receiving, at a server, an electronic mortgage application form sent from a client device, the electronic mortgage application form having electronic data entered into a data field;

querying, by the server, and electronic database for a name associated with the data field in the electronic mortgage application form, the electronic database having electronic database associations between different evaluation information and different names of data fields in the electronic mortgage application form;

retrieving, by the server, evaluation information of the different evaluation information associated with the name of the data field in the electronic mortgage application form;

determining, by the server, an error in the electronic data entered into the data field based on the evaluation information having the electronic database association with the name of the data field in the electronic mortgage application form;

retrieving, by the server from the electronic database, a cost to correct the error, the cost having another electronic database associated with the name of the data field in the electronic mortgage application form; and

sending, from the server to the client device, a prompt for payment of the cost to correct the error in the electronic data entered into the data field of the electronic mortgage application form.

2. The method of claim 1, further comprising prompting for a credit card number for the payment of the cost to correct the error.

3. The method of claim 1, further comprising receiving an electronic payment of the cost to correct the error.

4. The method of claim 1, further comprising receiving a credit card number as the payment of the cost to correct the error.

5. The method of claim 1, further comprising receiving corrected electronic data for the electronic mortgage application form.

6. The method of claim 1, further comprising retrieving an evaluation rule associated with the name of the data field in the electronic mortgage application form.

7. A system, comprising:

a processor; and

a memory storing instructions that, when executed by the processor, cause the processor to perform operations, the operations comprising;

receiving an electronic mortgage application form sent from a client device;

determining an empty data field in the electronic mortgage application form;

determining a name associated with the empty data field in the electronic mortgage application form;

querying a database for the name associated with the empty data field in the electronic mortgage application form, the database having electronic database associations between different costs and different names of data fields in the electronic mortgage application form;

retrieving a cost from the database having an electronic database association the name of the empty data field; and

prompting the client device for payment of the cost to correct the empty data field in the electronic mortgage application form.

8. The system of claim 7, wherein the operations further comprise prompting for a credit card number as the payment of the cost to correct the empty data field.

9. The system of claim 7, wherein the operations further comprise processing an electronic payment of the cost to correct the empty data field.

10. The system of claim 7, wherein the operations further comprise processing a credit card number as the payment of the cost to correct the empty data field.

11. The system of claim 7, wherein the operations further comprise determining multiple empty data fields in the electronic mortgage application form.

12. The system of claim11, wherein the operations further comprise:

retrieving costs associated with the name of each one of the empty data fields in the electronic mortgage application form; and

determining a total cost to correct the multiple empty data fields in the electronic mortgage application form.

13. A memory device storing instructions that when executed cause a processor to perform operations, the operations comprising:

receiving an electronic mortgage application form sent from a client device;

querying a database for a name associated with a data field in the electronic mortgage application form, the database having electronic database associations between different evaluation rules and different names of data fields in the electronic mortgage application form;

retrieving an evaluation rule of the different evaluation rules having an electronic database association with the name of the data field in the electronic mortgage application form;

comparing electronic data entered in the data field to the evaluation rule having the electronic database association with the name;

determining an error in the electronic data entered into the data fields based on the evaluation rule having the electronic database association with the name;

retrieving a cost from the database having another electronic database associated with a name of the data fields;

reporting the cost to the client device to correct the error; and

requesting payment of the cost to correct the error in the electronic mortgage application form.

14. The memory of claim 13, wherein the operations further comprise prompting for a credit card number as the payment of the cost to correct the error in the electronic mortgage application form.

15. The memory device of claim 13, wherein the operations further comprise processing an electronic payment of the cost to correct the error in the electronic mortgage application form.

16. The memory device of claim 13, wherein the operations further comprise processing a credit card number as the payment of the cost to correct the error in the electronic mortgage application form.

17. The memory of device of claim 13, wherein the operations further comprise:

determining multiple errors in the data fields in the electronic mortgage application form; and

determining a total cost to correct the multiple errors in the data fields.