System and method for generating residential loan documents from multiple and diverse databases

摘要

The present invention provides a system for preparing loan documents that uses multiple and diverse databases. The present invention uses a first database to store data and procedures for processing data provided by a mortgage originator. A second database stores data and procedures from an investor for processing the provided data. A comparison engine compares the provided data and identifies discrepancies between the originator and investor data and allows those discrepancies to be viewed and reconciled. A documentation preparation engine receives additional information from the users to prepare loan documents with the reconciled data and any additional information. A compliance engine audits the reconciled data and additional information to ensure consistency with procedures and compliance requirements and allows noncompliant data to be identified and reconciled. Documents from the forms library are then populated with the information and delivered by a documentation delivery engine to the end user.