摘要 |
A method for processing loan applications includes several steps, and may be practiced with a financial institution including an origination entity and a distribution entity. Loan applications are received from a plurality of applicants, at the origination entity. Each of the loan applications is submitted to an underwriting entity for evaluation, along with some information for each loan application. The underwriting entity approves or denies the loan applications. Each of the denied loan applications is reviewed at the distribution entity, to determine whether each denied loan application is acceptable for syndication or securitization. A message is communicated from the distribution entity to the origination entity, and includes an indication of whether one of the denied loan applications is acceptable for syndication or securitization. A system can include components for practicing the method.
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申请人 |
BANK OF AMERICA CORPORATION;DANIELS, MARCUS, JACOBS;WHITTEN, MICHAEL, L. |
发明人 |
DANIELS, MARCUS, JACOBS;WHITTEN, MICHAEL, L. |