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Full text of "USPTO Patents Application 09998152"

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Atty. Docket No. 01 0520 

Serial No. 09/998,152 

Response Dated October 1 7, 2006 

Reply to Office Action Dated June 12, 2006 



Amendments to the Claims 
Claim 1 (Cancelled) 

Claim 2 (Previously Presented): 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, including collecting data 
from said asset document independently of an end use of said document; 

analyzing contents of the asset document to ensure compliance with at least 
one standard pursuant to securitization of multiple assets, wherein at least one of the multiple 
assets comprises a commercial mortgage loan; 

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. 



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Atty. Docket No. 01 0520 

Serial No. 09/998,152 

Response Dated October 17, 2006 

Reply to Office Action Dated June 12, 2006 

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. 



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. 



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Arty. Docket No. 010520 

Serial No. 09/998,152 

Response Dated October 17, 2006 

Reply to Office Action Dated June 12, 2006 

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 (Cancelled) 

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. 



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Atty. Docket No. 010520 

Serial No. 09/998,152 

Response Dated October 1 7, 2006 

Reply to Office Action Dated June 12, 2006 

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. 

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. 



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Atty. Docket No. 010520 

Serial No. 09/998,152 

Response Dated October 1 7, 2006 

Reply to Office Action Dated June 12, 2006 

Claim 1 7 (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 18 (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. 

Claim 21 (Previously Presented): 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, wherein at least one of the 
multiple assets comprises a commercial mortgage loan, 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 



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Atty. Docket No. 010520 

Serial No. 09/998,152 

Response Dated October 17, 2006 

Reply to Office Action Dated June 12, 2006 

available for entry, wherein flow basis includes collecting data from said asset document 
independently of an end use of said asset document; 

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 21, 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. 

Claim 25 (Previously Presented): 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, wherein flow 



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Atty. Docket No. 010520 

Serial No. 09/998,152 

Response Dated October 1 7, 2006 

Reply to Office Action Dated June 12, 2006 

basis includes collecting information from said asset document independently of an end use of 
said asset document; 

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, wherein at least one of the multiple assets comprises a commercial 
mortgage loan; 

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. 

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



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Atty. Docket No. 010520 

Serial No. 09/998,152 

Response Dated October 17, 2006 

Reply to Office Action Dated June 12, 2006 

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 (Previously Presented): The computer system according to claim 28, 
wherein the processor aggregates information from the multiple assets 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 (Previously Presented): 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, wherein flow basis includes collecting commercial 
mortgage loan data independently of the securitization end use of the commercial mortgage 
loan data; 

a means for storing the information regarding the commercial mortgage loans; 
a first query means for collecting information from at least one commercial 

mortgage loan; 



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Atty. Docket No. 010520 

Serial No. 09/998,152 

Response Dated October 1 7, 2006 

Reply to Office Action Dated June 12, 2006 

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 (Previously Presented): 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 
wherein flow basis includes inventorying data from the asset document independently of an 
end use of the data in the asset document; 

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 

Response Dated October 1 7, 2006 

Reply to Office Action Dated June 12, 2006 

providing specific information contained in the record to a user pursuant to 
securitization of multiple assets, wherein at least one of the multiple assets comprises a 
commercial mortgage loan; 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 (Cancelled) 

Claim 33 (Previously Presented): 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, wherein flow basis 
includes inventorying information from said asset document independently of an end use of 
the information in said asset document; 

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; 



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Atty. Docket No. 010520 

Serial No. 09/998,152 

Response Dated October 1 7, 2006 

Reply to Office Action Dated June 12, 2006 

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; 
generating common information from a plurality of the records pursuant to 

securitization of the multiple assets, wherein at least one of the multiple assets includes a 
commercial mortgage loan, 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; 



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Atty. Docket No. 010520 

Serial No. 09/998,152 

Response Dated October 1 7, 2006 

Reply to Office Action Dated June 12, 2006 

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 (Cancelled) 

Claim 35 (Previously Presented): 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 (Previously Presented): 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; 

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 flow basis 
includes inventorying information from said asset document independently of an end use of 
the information in said asset document; 

wherein the inventorying step comprises: 

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



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Atty. Docket No. 010520 

Serial No. 09/998,152 

Response Dated October 17, 2006 

Reply to Office Action Dated June 1 2, 2006 

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 at least one of the multiple 
assets comprises a commercial mortgage loan, 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; 
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; 



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Atty. Docket No. 010520 

Serial No. 09/998,152 

Response Dated October 1 7, 2006 

Reply to Office Action Dated June 12, 2006 

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 (Previously Presented): 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, flow basis including 
receiving information from said asset document independently of an end use of the 
information in said asset document; 

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; 

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 



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Atty. Docket No. 010520 

Serial No. 09/998,152 

Response Dated October 1 7, 2006 

Reply to Office Action Dated June 1 2, 2006 

comparison data to a user pursuant to securitization of multiple assets, wherein at least one of 
the multiple assets comprises a commercial mortgage loan; 

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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