Abstract: Provided is a financial transaction arrangement 1 which generally comprises a distributed processing arrangement and includes an identification service computing system 2, a financial institution computing system 3, a property registry computing system 4, a lender computing system 5, an appraiser 6, and a mortgage brokering computing system 8. All of these computing systems 2, 3, 4, 5 and 8 are interconnected by means of communications network 200 which incorporates a blockchain. Via a number of transactions, the mortgage brokering computing system 8 generates aggregate blockchains on the network 200 able to provide a demonstrable and auditable history for captured identification details and subsequent transactions required for automatically brokering a mortgage.

Abstract: Provided is a financial transaction arrangement 1 which generally comprises a distributed processing arrangement and includes an identification service computing system 2, a financial institution computing system 3, a property registry computing system 4, a lender computing system 5, an appraiser 6, and a mortgage brokering computing system 8. All of these computing systems 2, 3, 4, 5 and 8 are interconnected by means of communications network 200 which incorporates a blockchain. Via a number of transactions, the mortgage brokering computing system 8 generates aggregate blockchains on the network 200 able to provide a demonstrable and auditable history for captured identification details and subsequent transactions required for automatically brokering a mortgage.

Abstract: Provided is a financial transaction arrangement 1 which generally comprises a distributed processing arrangement and includes an identification service computing system 2, a financial institution computing system 3, a property registry computing system 4, a lender computing system 5, an appraiser 6, and a mortgage brokering computing system 8. All of these computing systems 2, 3, 4, 5 and 8 are interconnected by means of communications network 200 which incorporates a blockchain. Via a number of transactions, the mortgage brokering computing system 8 generates aggregate blockchains on the network 200 able to provide a demonstrable and auditable history for captured identification details and subsequent transactions required for automatically brokering a mortgage.

Abstract: Provided is a financial transaction arrangement (1) which generally comprises a distributed processing arrangement and includes an identification service computing system (2,) a financial institution computing system (3), a property registry computing in system (4), a lender computing system (5), an appraiser (6), and a mortgage brokering computing system (8). All of these computing systems (2, 3, 4, 5) and (8) are interconnected by means of communications network 200 which incorporates a blockchain. Via a number of transactions, the mortgage brokering computing system (8) generates aggregate blockchains on the network 200 able to provide a demonstrable and auditable history for captured identification details and subsequent transactions required for automatically brokering a mortgage.