Patent ID: 9135656
Filing Date: 2015-09-15
Classification: G06F,G06Q

Abstract:
1. A method for managing foreclosure auction information, the method comprising the steps of: deploying, by a processor and via a communications network, to each of a plurality of foreclosure property information data sources, a respective Internet bot; receiving, by the processor, from each Internet 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 a 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 Internet 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; presenting, by the processor, actionable auction information extracted from the database, wherein the populating step comprises: