Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2005-07-19
2005-07-19
Diaz, Susanna M. (Department: 3623)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
Reexamination Certificate
active
06920434
ABSTRACT:
A computerized system and method establishes a loan participation network between a plurality of network members. The network members complete application forms with member data and loan criteria, which is used to establish a loan participation database. When a network member has a loan participation opportunity, e.g., a borrower requests a loan from a network member, the network member completes a loan offering form with loan data for the loan participation opportunity. The system receives the loan participation offer from the offering network member and searches the database for loan data matching the loan participation data and obtains the matching loan data. The matching loan data and associated network member data is then transmitted to the offering member. The offering member selects one or more matching network members and transmits the selection(s) to the system. The system receives the selection from the offering network member and transmits offers to the selected network members. The interested selected matching members can then respond to the offers, and the system receives the response(s) from the interested selected members and transmits interested member data to the offering member. The offering network member can then contact the interested network members to explore the opportunity to participate in granting a loan.
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Bourque & Associates
Diaz Susanna M.
Genesis Three Corporation
LandOfFree
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