Correcting errors in mortgage applications

• US 9,595,067 B2
• Filed: 02/19/2016
• Issued: 03/14/2017
• 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:
  US15/048,067
• Publication Number:
  US 20160171602A1
• Time in Patent Office: 389 Days
• 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, electronic data entered into a data field associated with an electronic mortgage application form, the electronic mortgage application form sent from a device associated with a network address;

determining, by the server, a data field name assigned to the data field in the electronic mortgage application form;

querying, by the server, an electronic database for the data field name assigned to the data field in the electronic mortgage application form, the electronic database having electronic associations between evaluation rules and data field names in the electronic mortgage application form;

retrieving, by the server, an evaluation rule of the evaluation rules from the electronic database, the evaluation rule electronically associated with the data field name assigned to the data field;

determining, by the server, an error in the electronic data entered into the data field, the error based on the evaluation rule that is electronically associated with the data field name;

retrieving, by the server, a cost to correct the error in the electronic data entered into the data field; and

sending, from the server, a prompt to the device associated with the network address, the prompt requesting a payment of the cost to correct the error in the electronic data entered into the data field associated with 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 2, further comprising processing the credit card number.

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

5. The method of claim 1, further comprising correcting the electronic data entered into the data field associated with the electronic mortgage application form.

6. The method of claim 1, further comprising selecting the evaluation rule.

7. A system, comprising:

a hardware processor; and

a memory device, the memory device storing instructions, the instructions when executed causing the hardware processor to perform operations, the operations comprising;

receiving electronic data entered into a data field associated with an electronic mortgage application form, the electronic mortgage application form sent from a device associated with a network address;

determining a data field name assigned to the data field in the electronic mortgage application form;

querying an electronic database for the data field name assigned to the data field in the electronic mortgage application form, the electronic database having electronic associations between different evaluation rules and different data field names in the electronic mortgage application form;

retrieving an evaluation rule of the different evaluation rules from the electronic database, the evaluation rule electronically associated with the data field name assigned to the data field;

determining an error in the electronic data entered into the data field, the error based on the evaluation rule electronically associated with the data field name;

retrieving a cost to correct the error in the electronic data entered into the data field; and

sending a prompt to the device associated with the network address, the prompt requesting a payment of the cost to correct the error in the electronic data entered into the data field associated with 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.

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

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 error.

11. The system of claim 7, wherein the operations further comprise selecting the evaluation rule retrieved from the electronic database.

12. The system of claim 11, wherein the operations further comprise correcting the electronic data entered into the data field associated with the electronic mortgage application form.

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

receiving electronic data entered into a data field associated with an electronic mortgage application form, the electronic mortgage application form sent from a device associated with a network address;

determining a data field name assigned to the data field in the electronic mortgage application form;

querying an electronic database for the data field name assigned to the data field in the electronic mortgage application form, the electronic database having electronic associations between different evaluation rules and different data field names in the electronic mortgage application form;

retrieving an evaluation rule of the different evaluation rules from the electronic database, the evaluation rule electronically associated with the data field name assigned to the data field;

determining an error in the electronic data entered into the data field, the error based on the evaluation rule information retrieved from the electronic database that is electronically associated with the data field name;

retrieving a cost to correct the error in the electronic data entered into the data field; and

sending a prompt to the device associated with the network address, the prompt requesting a payment of the cost to correct the error in the electronic data entered into the data field associated with the electronic mortgage application form.

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

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

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.

17. The memory device of claim 13, wherein the operations further comprise correcting the electronic data entered into the data field associated with the electronic mortgage application form.

18. The memory device of claim 13, wherein the operations further comprise applying the evaluation rule to the electronic data entered into the data field.