Systems and methods for automatic submission, audit and adjustment of mortgage insurance claims

A system for automatically processing mortgage insurance claims, comprising:

• a web server administering a network of servicer terminals connected into a network, each servicer terminal running web browser software for viewing web pages served by the web server,
• the web pages including a claim submission form for receiving claim submission data from a servicer at a servicer terminal;
• and
• a transaction server connected to the web server, the transaction server accessing a claim audit rulebase and a claims database to automatically perform an audit and adjustment a claim submitted at a servicer terminal, and to automatically provide results of the audit and adjustment to the servicer at the servicer terminal.

A method for automatically processing mortgage insurance claims, comprising:

• (a) capturing at a servicer terminal data submitted by a servicer relating to a mortgage insurance claim, the servicer terminal being connected into a network administered by a central server computer;
• (b) automatically retrieving from a claims database, connected into the network, data relating to the mortgage insurance claim;
• (c) accessing a claim audit rulebase, connected into the network, to automatically perform an audit and adjustment of the submitted claim based upon the data captured at the servicer terminal and the data retrieved from the claims database;
• (d) automatically providing to the servicer at the servicer terminal results of the audit and adjustment of the submitted claim;
• and
• (e) automatically providing the servicer at the servicer terminal with an option to interact with a claim representative to resolve any issues.

A method for automatically processing mortgage insurance claims, comprising:

• (a) using a web server to administer a network of servicer terminals, each servicer terminal in the network running web browser software for viewing web pages served by the web server,
• (b) sending a web page from the web server to the servicer terminal, the web page including a claim submission form for receiving claim submission data from a servicer at the servicer terminal;
• (c) accessing a claim audit rulebase and a claims database to automatically perform an audit and adjustment of a claim submitted at a servicer terminal;
• and
• (d) automatically providing results of the audit and adjustment to the servicer at the servicer terminal.

A method for automatically processing mortgage insurance claims, comprising:

• (a) receiving an electronic feed of claims data from a centralized claim repository service company;
• (b) storing the received data in a sequential dataset in a claims file on a system mainframe;
• (c) running a mainframe job to look for the claims file on the mainframe;
• (d) loading data from the claims file into a claims database;
• (e) identifying all claims loaded into the claims database;
• (f) executing a claim audit rulebase for each identified claim;
• (g) updating the claims database with claim status and audit results from the claim audit rulebase;
• (h) making claims available for viewing by servicers on a website.