Patent ID: 8065211
Filing Date: 2011-11-22
Classification: G06Q

Abstract:
1. An apparatus for creating an agreement between a seller and a purchaser for the sale of mortgage loans and tracking compliance with terms of the agreement, the system comprising: a user interface configured to receive information from a user regarding the terms of the agreement between the seller and the purchaser for the sale of mortgage loans, the terms of the agreement including at least one variance from a set of business rules that (i) define the types of mortgage loans that may be sold to the purchaser and (ii) are applied to a set of loan data for a mortgage loan during delivery of the mortgage loan to the purchaser to determine whether the mortgage loan is acceptable for purchase by the purchaser based on whether the mortgage loan is one of the defined types of mortgage loans; a computer-implemented data storage device; a computer processor implementing deal management logic and coupled to the user interface, the deal management logic configured to: pricing logic coupled to the deal management logic and configured to