Patent ID: 8571974
Filing Date: 2013-10-29
Classification: G06Q,Y10S

Abstract:
1. A computer-assisted method for processing documents in a database having at least one record therein, the method comprising: receiving, by a computer system, a document file comprising asset data stored therein in preparation for securitization of multiple assets, wherein at least one of the multiple assets comprises an issued commercial mortgage loan, wherein the commercial mortgage loan is ready for securitization; transmitting, by the computer system, the document file into the database on a near real time basis as the asset data stored in the document file becomes available for entry into the database; receiving, by the computer system, preexisting asset data generated by a first party to the commercial mortgage loan, wherein the asset data stored in the document file is generated by a second party to the commercial mortgage loan, wherein the first party and the second party are distinct, and wherein at least one of the preexisting asset data generated by the first party and the asset data comprised by the document file generated by the second party reflects a physical inspection of a property covered by the issued commercial mortgage loan; inventorying the document file into an associated record in the database on a near real time basis as the asset data in the document file becomes available for inventorying, including collecting asset data from the document file independently of an end use of the document file; when the asset data stored in the document file relates to preexisting asset data contained within the at least one record stored in the database, comparing, by the computer system, the asset data stored in the document file to the preexisting asset data contained in the at least one record; generating a data mismatch alert, by the computer system, when the asset data stored in the document file does not match the preexisting asset data contained in the at least one record; providing, by the computer system, the data mismatch alert to a user of the computer system via a user interface; analyzing, by the computer system, the asset data stored in the document file in near real time as the asset data become available to determine compliance with at least one preprogrammed banking rule for securitizing multiple financial instruments; generating a banking rule alert, by the computer system, when the contents of the document file do not comply with the at least one preprogrammed banking rule for securitizing multiple financial instruments; providing, by the computer system, the banking rule alert to the user of the computer system via the user interface; and providing, by the computer system, specific output data from the at least one record in the database to a user on demand, wherein the output data includes asset data related to the multiple assets pertaining to a securitization of the multiple assets.