Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2008-07-16
2009-06-09
Trammell, James P (Department: 3694)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000
Reexamination Certificate
active
07546271
ABSTRACT:
Mortgage fraud detection systems and methods are provided. A fraud detection system can generally comprise a database operator, a database manager, one or more users, and a database. Database components can be implemented as hardware, software, or a combination of both. A fraud detection method can generally comprise providing a database for maintaining a plurality of records. Data records can be continually received by a database in batchwise or single submission protocols. Records can be compared to determine whether they contain common data in one or more predetermined fields. If records contain common data in one or more predetermined fields, records can be examined for inconsistencies in one or more other data fields. Discovered inconsistencies and magnitudes of inconsistencies can be warning signs of fraud. Results of comparisons can be reported to system users to enable such users to investigate additional circumstances. Other embodiments and features are also claimed and described in the application.
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Chmielewski Thomas
James Denise
Choicepoint Asset Company
Schneider Ryan A.
Swartz Jamie H
Trammell James P
Troutman Sanders LLP
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