Patent ID: 7315841

Claim:
A data processing system, comprising: means for managing the origination of a mortgage loan by a loan originator in coordination with a loan broker distinct from the loan originator for a loan customer distinct from the loan originator using already possessed data for the loan customer, comprising: means for the loan originator providing services necessary for the origination of the mortgage loan and not duplicative of services provided by the loan broker, further comprising: means for collecting data regarding the loan customer not previously possessed by the loan originator; means for generating a loan application for the loan customer regarding the not previously possessed data and the already possessed data regarding the loan customer; means for generating disclosure documents regarding the mortgage loan and the already possessed data and the not previously possessed data regarding the loan customer; and means for transferring the loan application to the loan broker; and means for verifying the services are legally compliant with the guidelines of federal and state law.