Abstract: The present description relates to a system and method of accounting for a mortgage related transaction comprises receiving data related to the mortgage related transaction, the mortgage related transaction being defined using a combination of attributes, and comparing the combination of attributes that define the transaction with a database of attribute combinations to determine the accounting treatment of the transaction.

Abstract: A data processing system for processing loan data for a plurality of loans including a data storage system configured to store loan data for the plurality of loans and a user interface including one or more web pages configured to enable a servicer using a remote computing system to transfer loan data over the Internet to and from the data processing system. The user interface includes a loan activity processing function configured to receive servicer loan data including loan activity data from the servicer, a trial balance processing function configured to enable the servicer to submit servicer loan data for comparison with the stored loan data, and a loan level browsing function configured to allow the servicer to view stored loan data.