| 摘要 |
The automated system of the present invention uses the Federal, State, local and professional regulations and requirements and implementing instructions to generate a plurality of tasks which can be used to control and drive the process of handling a mortgage loan application to completion and settlement in accordance with these regulations. Upon the completion of all required tasks related to processing a loan, including tasks required by applicable federal or state law, reports are generated showing completion of all requirements and for use in payment of fees to are appropriate persons. Loan requesters may specify that the system will generate the plurality of required tasks, including tasks required by applicable federal or state law, provide the plurality of required tasks to the requestor for his execution, and monitor the completion of all required tasks so as to a completion certificate to the requestor. Alternatively, loan requesters may specify that the automated system will generate the plurality of required tasks, including tasks required by applicable federal or state law, will manage and control the execution of the required tasks, and monitor the completion of all required tasks so as to a completion certificate to the requestor.
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