Patent ID: 8655671

Claim:
A system for collecting information related to a real estate secured financial transaction and ensuring that each lien securing a piece of real estate that is a subject of the financial transaction is released in a timely fashion after an obligation underlying the lien has been satisfied, the system comprising: a programmed computer; a subscriber management program executing on the computer that receives and stores transaction data and creates a subscriber profile for an agent; an order and invoice program executing on the computer that creates a transaction record based on the transaction data, and authorizes a release of real estate forms to the agent; a real estate forms program executing on the computer that generates one or more real estate forms related to the real estate secured financial transaction and transmits the one or more real estate forms to the agent; a search management program executing on the computer that assigns the transaction record for tracking and receives update information related to the record; and a tracking program executing on the computer that receives the transaction record from the search management program, determines whether the obligation underlying the lien for the transaction record has been satisfied and the lien not released within a specified time period after the obligation has been satisfied, and in such instance sends out one or more notifications.