LOAN TRANSACTION PROCESSING

Brand	Owner (click to sort)	Address	Description
ACTION	CONTROL DATA CORPORATION	Minneapolis MN	Loan Transaction Processing, Insurance Processing and Accounting Services for Lending Institutions Rendered by Means of a Time Sharing Computer System;
SOLO	CONTROL DATA CORPORATION	Minneapolis MN	LOAN TRANSACTION PROCESSING, INSURANCE PROCESSING AND ACCOUNTING SERVICES FOR LENDING INSTITUTIONS RENDERED BY MEANS OF A TIME-SHARING COMPUTER SYSTEM;
	Where the owner name is not linked, that owner no longer owns the brand

Technical Examples

An automated loan underwriting system and method automates the logic implemented by a loan underwriter, saving the loan originator time and money. Each lending institution can set up its own decisioning criteria, enabling customers to customize the process in which a proper evaluation, owners and encumbrance report, or title product is selected for a loan application within a given set of characteristics. The system and method allow for the automatic upgrading to another product without involvement of the loan processor, helping to reduce time delays in the loan origination process. The speed and automation allow for more underwriting checks to be applied against each loan.