Patent ID: 8024265

Claim:
A method for verifying loan data for a loan being delivered by a seller to a purchaser, the method comprising: receiving a first set of loan data at computer-implemented underwriting logic, the first set of loan data being for a mortgage loan application for a borrower associated with the mortgage loan, the first set of loan data being used to generate an underwriting recommendation for the mortgage loan application; storing the first set of loan data in a computer-implemented database; receiving a second set of loan data for the mortgage loan from the seller at computer-implemented delivery logic, the second set of loan data being associated with a delivery process; retrieving the first set of loan data; comparing the first set of loan data and the second set of loan data at computer-implemented comparison logic to determine any differences; and determining a fee to be charged the seller based on identifying at least one difference between the first set of loan data and the second set of loan data.