Abstract: A method of processing data in connection with a security is provided. The security is collateralized by a plurality of home mortgage loans or by portions of the plurality of home mortgage loans. The method comprises generating payment projections regarding principal and interest payment projections for the plurality of home mortgage loans; determining that the payment projections have errors; and modifying loan characteristic data to eliminate errors in the loan characteristic data that cause errors in the payment projections. According to another embodiment, a method comprises receiving payment data regarding the plurality of loans a plurality of times separated by a plurality of days during the reporting cycle. Each time the payment data is received, the payment data is processed and the opportunity to make corrections is provided.

Abstract: Ranking and displaying comparable properties entails receiving appraisal information comprising a subject property and appraiser-chosen comparable properties corresponding to the subject property. Property data corresponding to a geographical area is accessed, in support of determining model-chosen comparable properties based upon the appropriateness of each of the comparable properties as comparables for the subject property. A map image is displayed for the geographical area, along with indicators on the map image indicative of the subject property, at least one of the appraiser-chosen comparable properties, and at least one of the model-chosen comparable properties.

Abstract: Methods and apparatus for generating a schema for data asset information are disclosed. In one example, complex type information corresponding to a logical relational data model that defines an organization of the data asset information is accessed. The logical relational data model includes a parent entity and child entities corresponding to the parent entity. Treating the complex type information produces scrubbed complex type information. The treatment of the complex type information includes, at least, the removal of foreign keys from child entities. The scrubbed complex type information is then translated to produce a hierarchical data model corresponding to the logical relational data model. A schema is then generated for the data asset information based upon the hierarchical data model.

Abstract: Ranking and displaying comparable properties entails receiving appraisal information comprising a subject property and appraiser-chosen comparable properties corresponding to the subject property. Property data corresponding to a geographical area is accessed, in support of determining model-chosen comparable properties based upon the appropriateness of each of the comparable properties as comparables for the subject property. A map image is displayed for the geographical area, along with indicators on the map image indicative of the subject property, at least one of the appraiser-chosen comparable properties, and at least one of the model-chosen comparable properties.

Abstract: The present invention relates to a mapping and comparing choroplethic housing statistics. In one example, this comprises accessing property data corresponding to a geospatial area. Analytics are used to generate usable property data statistics from the accessed property data. A thematic map image based on the usable property data statistics is then generated according to comparison categories, so that the thematic map image may be displayed.

Abstract: Performing automated appraisals with automatic detection and remediation of situations involving faulty characteristics is disclosed. Property information characteristics are extracted from properties listed on electronic appraisals. For a subject property, faulty characteristics include the absence of characteristics, or errors in characteristics. Such faulty characteristics are those that would cause an automated appraisal of the given property to be invalid or unsuitable. In response to the detection of faulty characteristics, interfaces may solicit input addressing the faulty characteristic and upon remediation indicate a clean and complete characteristic set. Thereafter, automated appraisal of the subject property based on the clean characteristic set is initiated to provide an automated valuation of the subject property.

Abstract: An electronic document includes header, view, data, and signature sections. The data section provides data typically processed in transactions involving the electronic document. The view section includes presentation formatting for displays corresponding to the data. Linking elements identify corresponding main data values and view data values respectively used to populate the data section and display presentation formatting, and are accessible for determining whether the data in the display and data section, providing assurances that processed data matches that found in documents used by parties to a transaction. A digital signature section allows a digital signature to be provided, and used to wrap that data and view sections, to ensure authenticity. The header section provides document type, state and other information that is readily accessed without otherwise scanning the electronic document.

Abstract: A system comprises a device including a memory with an automated collateral fraud and risk detection application installed thereon, wherein the application evaluates risk in an acquisition in support of end user decisions by accessing at least one database to retrieve documentation corresponding to the acquisition and secondary information corresponding to the documentation, the documentation and secondary information each including data fields; compares the documentation data fields with corresponding secondary information data fields to identify acquisition defects; applies risk heuristics on the acquisition defects to generate a probability estimation for each acquisition defect; and outputs a risk evaluation for the acquisition including a confidence metric based on an aggregation of the probability estimations.

Abstract: A data processing system for analyzing and reporting payoff quotes for mortgage loans is provided. The system provides several user interfaces: e.g., an interface through which lenders may enter lender payment information, an interface through which an analyst may enter payment quotes, and an interface through which lenders and/or analysts may compare the other prepayment information with prepayment payment quotes provided by the system. Any of the interfaces may be supported via a network. A database of all payoff quotes, lender payment information and any lender decisions regarding the same is maintained by the system for future reference.

Abstract: A computer system for managing defaults that includes a loan investor platform associated with a loan servicer platform. The loan investor platform provides a loss mitigation workout type decision engine that receives from the loan servicer platform a first set of data associated with a loan loss mitigation case, determines an optimum loan workout for the loss mitigation case based on borrower criteria, prequalifies the loan for the optimum loan workout based on at least one investor set business rule and the first set of data, and communicates the loan workout that the loan is prequalified for to the at least one other computing device.

Abstract: Market based data cleaning for mitigation of idiosyncratic errors in transaction data used for property valuation. The market based data cleaning technique helps to ensure that the most accurate record is retained for a transaction when duplicate records are found, by ensuring that the retained record is the most consistent with other transactions of the same property, the local market trend, and neighborhood market. Algorithms accommodate the adoption of a value as a representative single record for a transaction where multiple records are present for a transaction. Following duplicate removal, market based data cleaning further eliminates erroneous records by eliminating transaction outliers, also preferably based upon the local market trend, along with all of the remaining transactions for each given property.

Abstract: An electronic document includes header, view, data, and signature sections. The data section provides data typically processed in transactions involving the electronic document. The view section includes presentation formatting for displays corresponding to the data. Linking elements identify corresponding main data values and view data values respectively used to populate the data section and display presentation formatting, and are accessible for determining whether the data in the display and data section, providing assurances that processed data matches that found in documents used by parties to a transaction. A digital signature section allows a digital signature to be provided, and used to wrap that data and view sections, to ensure authenticity. The header section provides document type, state and other information that is readily accessed without otherwise scanning the electronic document.

Abstract: An electronic registry stores information relating to a transferable electronic record and the controller of an authoritative copy of the transferable electronic record. The electronic registry includes information for authenticating a true copy of the authoritative copy of the transferable electronic record. The electronic registry also facilitates registration of the transferable electronic record and transfer of legal rights associated therewith.

Abstract: A method for location triggered home evaluation for an electronic device that determines a location of the electronic device and identifies a subject property associated with the location. Further, a set of appraisal information for the subject property that includes a listing of comparable properties determined to be appropriate comparable properties for the subject property is requested.

Abstract: The present invention relates to photograph initiated property assessment. In one example, an electronic device performs a photograph initiated property assessment by accessing a photographic assessment itinerary that includes a plurality of target portions for the subject property and a set of image capture requirements for each of the plurality of target portions. Further, when performing the initiated property assessment the electronic device prompts a plurality of image capture requests according to the photographic assessment itinerary while displaying a menu that permits the addition of information to the set of image captures.

Abstract: A method for automatic detection of inconsistencies in an appraisal by extracting data from the appraisal to create component data arranged into a predetermined set of categories and selecting a control identifier to trigger a generation of comparison data. Further, through a comparison between the comparison data and the component data, inconsistencies within the appraisal are identified.

Abstract: A method for managing best efforts forward commitments for loans to be sold by a lender, where each loan has loan level data and the best efforts forward commitments have commitment data includes determining a price for the best efforts commitment based on at least the loan level data and tracking the loan level data for each loan. Upon identifying a change to the loan level data, the loan level data and the commitment data including the price is updated based on the change.

Abstract: The present invention relates to a mapping and comparing choroplethic housing statistics. In one example, this comprises accessing property data corresponding to a geospatial area. Analytics are used to generate usable property data statistics from the accessed property data. A thematic map image based on the usable property data statistics is then generated according to comparison categories, so that the thematic map image may be displayed.

Abstract: A method for managing best efforts forward commitments for loans to be sold by a lender, where each loan has loan level data and the best efforts forward commitments have commitment data includes determining a price for the best efforts commitment based on at least the loan level data and tracking the loan level data for each loan. Upon identifying a change to the loan level data, the loan level data and the commitment data including the price is updated based on the change.

Abstract: Automated valuation model with customizable neighborhood determination. A map image is displayed corresponding to a geographical area, and then user input accommodates definition of a particularly defined geographic area to provide custom identification of a neighborhood to be subject to automated valuation. Once the defined geographic area is established, the automated valuation model is applied to property data corresponding to properties within the defined geographic area. A subject property and corresponding properties within the defined geographic area are then displayed on a map image, preferably with articulation of the defined geographic area as the neighborhood of interest. The neighborhood may be defined by, among other criteria, inclusion within a user-defined shape, as well as exclusion of a user-defined shape from a displayed geographic area.