| 摘要 |
A system and method for facilitating financial transactions uses a digital loan file that includes identification information identifying a borrower, financial information associated with the borrower, and credit information associated with the borrower. The information in digital loan file is compared against guidelines of one or more lenders to appropriately grade the borrower and price the lenders' products accordingly. The digital loan file may also be used to "electronically paper" the loan by including various documentation associated with the loan including one or more of a loan application, a credit report, an appraisal of the collateral, a title, a loan note, a deed, etc. In addition, the digital loan file may be updated from time to time to reflect changes in a status of the borrower and/or determine a market value of the loan. |
