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Full text of "USPTO Patents Application 09998152"

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Atty. Docket No. 010520 
Serial No. 09/998,152 



Amendments to the Claims 

Claim 1 (Currently Amended): A computer-assisted method for processing 
documents in a database having at least one record therein, said method comprising: 

reviewing asset-related data contained on at least one document pursuant to 
securitization of multiple assets ; 

receiving said document into said database on a flow basis including receiving 
information from said document into said database as said document information becomes 
available for entry into said database; 

analyzing contents of said document to ensure compliance with at least one 

standard; and 

providing output data from said record in said database, wherein said output 
data includes at least data related to multiple assets associated with a securitization of said 
multiple assets . 

Claim 2 (Currently Amended): A computer-assisted method for automated 
aggregation and authentication of asset documents, said method comprising: 
associating an asset with a record in a database; 

inventorying an asset document into the associated record in the database on a 
flow basis including inventorying information from said asset document into the database as 
said asset document information becomes available for inventorying; 



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Atty. Docket No. 010520 
Serial No. 09/998,152 

analyzing contents of the asset document to ensure compliance with at least 
one standard pursuant to securitization of multiple assets ; 

providing specific information contained in the record to a user on demand; 

and 

generating common information from a plurality of the records pursuant to 
securitization of the multiple assets . 

Claim 3 (Original): The method of claim 2, wherein the inventorying step 

comprises: 

determining a necessary asset document for origination or updating of the 

record; 

entering information contained in the necessary asset document into the record 
of the database on a flow basis; 

scanning the necessary asset document for the purpose of creating an electronic 
facsimile of the necessary asset document; and 

reviewing the record and the electronic facsimile to ensure compliance with at 
least one standard. 

Claim 4 (Original): The method of claim 2, wherein the analyzing step 

comprises: 

retrieving data stored in the associated record; and 

comparing the contents of the asset document to the retrieved data. 



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Atty. Docket No. 010520 
Serial No. 09/998,152 

Claim 5 (Previously Presented): The method of claim 2, wherein the providing 
step comprises: 

requesting specific information contained in the asset document; 
locating a record associated with the asset document; 
retrieving the record; and 

extracting the specific information contained in the record. 



Claim 6 (Original): The method of claim 2, wherein the generating step 

comprises: 

determining the common information required from a plurality of the asset 

documents; 

initiating a query in the database whereby the query collects all records 
containing the common information thereby creating a plurality of asset records; 

aggregating the common information contained in the plurality of records; 
displaying the aggregated common information; and 
extracting the aggregated common information. 



Claim 7 (Original): The method of claim 2, wherein the standard comprises a 
banking standard for securitizing a financial instrument. 



Claim 8 (Original): The method of claim 2, wherein the asset comprises a 
commercial mortgage loan. 



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Atty. Docket No. 010520 
Serial No. 09/998,152 

Claim 9 (Original): The method of claim 3, wherein the inventorying step 
further comprises generating an identification marker and affixing the identification marker to 
the necessary asset document. 

Claim 10 (Original): The method of claim 3, wherein the standard comprises a 
legal standard for document quality. 

Claim 1 1 (Original): The method of claim 3, wherein the inventorying step 
further comprises initiating a query to determine missing data for the associated record. 

Claim 12 (Original): The method of claim 5, wherein the step of extracting the 
specific information further comprises writing the common information to a computer 
readable medium. 

Claim 13 (Original): The method of claim 5, wherein the step of extracting the 
specific information further comprises publishing the required information on a website. 

Claim 14 (Original): The method of claim 5, wherein the step of extracting the 
specific information further comprises generating and sending an e-mail message containing 
the required information. 



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Atty. Docket No. 010520 
Serial No. 09/998,152 

Claim 15 (Original): The method of claim 5, wherein the step of extracting 
further comprises generating a copy of the electronic facsimile of the asset document 
containing the specific information. 

Claim 16 (Original): The method of claim 6, wherein the step of extracting the 
aggregated common information further comprises extracting the common information for 
securitizing a financial instrument. 

Claim 17 (Original): The method of claim 6, wherein the step of extracting the 
aggregated common information further comprises writing the common information to a 
computer readable medium. 

Claim 1 8 (Original): The method of claim 6, wherein the step of extracting the 
aggregated common information further comprises publishing the common information on a 
website. 

Claim 19 (Original): The method of claim 6, wherein the step of extracting the 
aggregated common information further comprises generating and sending an e-mail message 
containing the common information. 

Claim 20 (Original): The method of claim 6, wherein the database includes a 
relational database. 



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Atty. Docket No. 010520 
Serial No. 09/998,152 

Claim 21 (Currently Amended): A computer readable medium having 
computer executable instructions for performing a method for automated aggregation and 
authentication of asset documents into a database, the method comprising: 

associating an asset with a record in a database; 

pursuant to securitization of multiple assets, inventorying an asset document 
into the record in the database on a flow basis including inventorying information from said 
asset document into the record in the database as said asset document information becomes 
available for entry; 

analyzing the contents of the asset document to promote compliance with a 

standard; 

providing specific information contained in the record to a user; and 
generating common information from the database pursuant to securitization of 
the multiple assets . 

Claim 22 (Original): The computer readable medium of claim 2 1 , wherein the 
asset is a commercial mortgage loan. 

Claim 23 (Original): The computer readable medium of claim 22, wherein the 
standard comprises applicable standards for loan securitization. 

Claim 24 (Original): The computer readable medium of claim 23, wherein the 
common information is generated for use in commercial mortgage loan securitization. 



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Arty. Docket No. 010520 
Serial No. 09/998,152 

Claim 25 (Currently Amended): A computer system for automated 
aggregation and authentication of asset documents comprising: 

a data input device for receiving first information from an asset document 
associated with an asset from an input source on a flow basis including receiving said first 
information as said first information becomes available for entry, where information from a 
plurality of the asset documents associated with the asset comprise a record; 

a storage device for storing the record; 

a processor for: 

generating comparison data wherein the comparison data comprises 
compared common data fields of the stored first information from a plurality 
of the asset documents within the record, retrieving the comparison data and 
providing the comparison data to a user pursuant to securitization of multiple 
assets ; 

retrieving second information where the second information comprises 
the asset documents common data fields within the record and providing the 
second information to a user pursuant to securitization of the multiple assets ; 

retrieving third information where the third information comprises 
data from fields common to multiple records and providing the third 
information to a user pursuant to securitization of the multiple assets; 

identifying missing data for the asset and providing a missing data 
output to notify a user; and 

a data output device for generating first output information from the processor 
pursuant to securitization of the multiple assets . 



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Atty. Docket No. 010520 
Serial No. 09/998,152 

Claim 26 (Original): The computer system according to claim 25, wherein the 
storage device includes a relational database. 

Claim 27 (Original): The computer system according to claim 26, wherein the 
first information is electronically transferred to the computer system. 

Claim 28 (Original): The computer system according to claim 27, wherein the 
first information is transferred to the computer system over a telecommunications system. 

Claim 29 (Currently Amended): The computer system according to claim 28, 
wherein the processor aggregates information from the multiple assets a plurality of th e ass e ts . 
thereby creating an asset aggregation output for use in securitizing the multiple assets into a 
: financial instrument pursuant to securitization of the multiple assets . 

Claim 30 (Currently Amended): A computer system for managing, servicing 
and aggregating commercial mortgage loans comprising: 

a means for inputting information regarding a plurality of commercial 
mortgage loans on a flow basis pursuant to securitization of multiple assets including 
inputting said commercial mortgage loan information as said commercial mortgage loan 
information becomes available for input; 

a means for storing the information regarding the commercial mortgage loans; 

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Atty. Docket No. 010520 
Serial No. 09/998,152 

a first query means for collecting information from at least one commercial 

mortgage loan; 

a first query result presentation means for presenting the collected information; 

a second query means for determining if any data is missing from the 
commercial mortgage loan; 

a second query result presentation means for presenting a missing data alert; 

a means for aggregating the information of the commercial mortgage loans 
wherein the means for aggregating has an asset analysis means for determining if the 
commercial mortgage loan is prepared for securitization; 

a means for displaying aggregated information pursuant to securitization of the 
multiple assets; 

a means for alerting a user if any aggregated information necessary for 
securitization is missing; and 

a means for extracting aggregated information pursuant to securitization of the 
multiple assets . 

Claim 3 1 (Currently Amended): A computer-assisted method for automated 
aggregation and authentication of asset documents, the method comprising: 
associating an asset with a record in a database; 

inventorying an asset document into the associated record in the database on a 
flow basis in near real time as the asset document becomes available to the loan originator; 

analyzing contents of the asset document to ensure compliance with customary 
standards for loan securitization; 



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Atty. Docket No. 010520 
Serial No. 09/998,152 

providing specific information contained in the record to a user pursuant to 
securitization of multiple assets ; and 

generating common information from a plurality of the records where the 
common information is generated for the purpose of securitizing the asset into a trust and 
providing common information to potential investors in the trust. 

Claim 32 (Currently Amended): A computer readable medium having 
computer executable instructions for performing a method for processing asset-related 
documents in a database having at least one record therein, the method comprising: 

reviewing asset-related data contained on at least one asset document; 

receiving said asset document into said database on a flow basis including 
receiving information from said asset document into said database as said asset document 
information becomes available for entry into said database; 

analyzing contents of said asset document pursuant to securitization of 
multiple assets to ensure compliance with at least one standard; and 

providing output data from said record in said database pursuant to 
securitization of the multiple assets . 

Claim 33 (New): A computer-assisted method for automated aggregation and 
authentication of asset documents, said method comprising: 

associating an asset with a record in a database; 

inventorying an asset document into the associated record in the database on a 
flow basis including inventorying information from said asset document into the database as 



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Atty. Docket No. 010520 
Serial No. 09/998,152 

said asset document information becomes available for inventorying, wherein the 
inventorying step comprises: 

a. determining a necessary asset document for origination or 
updating of the record; 

b. entering information contained in the necessary asset document 
into the record of the database on a flow basis; 

c. scanning the necessary asset document for the purpose of 
creating an electronic facsimile of the necessary asset document; 

d. reviewing the record and the electronic facsimile to ensure 
compliance with at least one standard; 

analyzing contents of the asset document to ensure compliance with at least 
one standard pursuant to securitization of multiple assets, wherein the analyzing step 
comprises: 

a. retrieving data stored in the associated record; 

b. comparing the contents of the asset document to the retrieved 

data; 

providing specific information contained in the record to a user on demand, 
wherein the providing step comprises: 

a. requesting specific information contained in the asset document; 

b. locating a record associated with the asset document; 

c. retrieving the record; 

d. extracting the specific information contained in the record; 



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Atty. Docket No. 010520 
Serial No. 09/998,152 

generating common information from a plurality of the records pursuant to 
securitization of the multiple assets, wherein the generating step comprises: 

a. determining the common information required from a plurality 
of the asset documents; 

b. initiating a query in the database whereby the query collects all 
records containing the common information thereby creating a plurality of asset records; 

c. aggregating the common information contained in the plurality 

of records; 

d. displaying the aggregated common information; and 

e. extracting the aggregated common information. 

Claim 34 (New): The method of claim 33, wherein at least one of the multiple 
assets comprises a commercial mortgage loan. 

Claim 35 (New): The method of claim 33, wherein the standard comprises at 
least one standard selected from the group consisting of a banking standard for securitizing a 
financial instrument and a legal standard for document quality. 

Claim 36 (New): A computer readable medium having computer executable 
instructions for performing a method for automated aggregation and authentication of asset 
documents, the method comprising: 

associating an asset with a record in a database; 



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Atty. Docket No. 010520 
Serial No. 09/998,152 

inventorying an asset document into the associated record in the database on a 
flow basis including inventorying information from said asset document into the database as 
said asset document information becomes available for inventorying, wherein the 
inventorying step comprises: 

a. determining a necessary asset document for origination or 
updating of the record; 

b. entering information contained in the necessary asset document 
into the record of the database on a flow basis; 

c. scanning the necessary asset document for the purpose of 
creating an electronic facsimile of the necessary asset document; 

d. reviewing the record and the electronic facsimile to ensure 
compliance with at least one standard; 

analyzing contents of the asset document to ensure compliance with at least 
one standard pursuant to securitization of multiple assets, wherein the analyzing step 
comprises: 

a. retrieving data stored in the associated record; 

b. comparing the contents of the asset document to the retrieved 

data; 

providing specific information contained in the record to a user on demand, 
wherein the providing step comprises: 

a. requesting specific information contained in the asset document; 

b. locating a record associated with the asset document; 

c. retrieving the record; 



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Atty. Docket No. 010520 
Serial No. 09/998,152 

d. extracting the specific information contained in the record; 
generating common information from a plurality of the records pursuant to 
securitization of the multiple assets, wherein the generating step comprises: 

a. determining the common information required from a plurality 
of the asset documents; 

b. initiating a query in the database whereby the query collects all 
records containing the common information thereby creating a plurality of asset records; 

c. aggregating the common information contained in the plurality 

of records; 

d. displaying the aggregated common information; and 

e. extracting the aggregated common information. 



Claim 37 (New): A computer system for automated aggregation and 
authentication of asset documents comprising: 

a data input device for receiving first information from an asset document 
associated with an asset from an input source on a flow basis including receiving said first 
information as said first information becomes available for entry, where information from a 
plurality of the asset documents associated with the asset comprise a record, the first 
information being electronically transferred to the computer system over a 
telecommunications system; 

a storage device including a relational database for storing the record; 



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Atty. Docket No. 010520 
Serial No. 09/998,152 

a processor for: 

a. generating comparison data wherein the comparison data 
comprises compared common data fields of the stored first information from a plurality of the 
asset documents within the record, retrieving the comparison data and providing the 
comparison data to a user pursuant to securitization of multiple assets; 

b. retrieving second information where the second information 
comprises the asset documents common data fields within the record and providing the 
second information to a user pursuant to securitization of the multiple assets; 

c. retrieving third information where the third information 
comprises data from fields common to multiple records and providing the third information to 
a user pursuant to securitization of the multiple assets; 

d. identifying missing data for the asset and providing a missing 
data output to notify a user; 

e. analyzing asset document data to promote compliance with at 
least one standard pursuant to securitization of the multiple assets, the standard including at 
least one standard selected from the group consisting of a banking standard for securitizing a 
financial instrument and a legal standard for document quality; 

f. aggregating information from the multiple asset documents to 
create an asset aggregation output for use in securitizing the multiple assets into a financial 
instrument; and 

a data output device for generating first output information from the processor 
pursuant to securitization of the multiple assets. 



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