System for providing information related to insurance on a loan for real property

A system for providing insurance related information to a user in connection with a loan for a real property to be made by said lender to a borrower, wherein an insurance policy has been issued to cover said lender for a loss arising from a default on said loan, independently of the reason for said default;

• and to provide a separate monetary limit for loan defaults involving one or more undisclosed liens on said property that secures said loan, said system comprising a data interface programmed to:
• 1) receive loan information on said loan from said user;
• 2) cause a loan related search to be conducted using said loan information of at least one borrower related data source and at least one property related data source to generate a report;
• 3) provide said results of said loan related search to said user through said user interface;
• and
• 4) register said loan under said insurance policy if said loan is approved.

A system for providing insurance related information to a user in connection with a loan for a real property to be made by said lender to a borrower, wherein an insurance policy has been issued to said lender to provide financial compensation for a loss arising from a default on said loan, independently of the reason for said default;

• and to provide a separate monetary limit for loan defaults involving one or more undisclosed liens on the property that secures the loan, said system comprising a data interface programmed to:
• 1) receive loan information on said loan from said user;
• 2) cause a loan related search to be conducted using said loan information of at least one borrower related data source and at least one property related data source to generate a report;
• 3) provide results of said loan related search to said user through said user interface;
• 4) document that said lender has obtained a completed application from said borrower along with borrower supplied information setting forth encumbrances known or suspected by the borrower;
• 5) document that said lender has compared said report, said borrower's application, and said borrower supplied information to verify a lien position of said lender when making said loan;
• and
• 6) document that said lender has ensured that all outstanding liens and encumbrances are subordinated to a new mortgage for said loan;
• and
• 7) register said loan under said insurance policy if said loan is approved.

A system for providing insurance related information to a user in connection with a loan for a real property to be made by said lender to a borrower, wherein an insurance policy has been issued to said lender to provide financial compensation for a loss arising from a default on said loan, independently of the reason for said default;

• and to provide a separate monetary limit for loan defaults involving one or more undisclosed liens on the property that secures the loan, said system comprising a data interface programmed to:
• 1) receive loan information on said loan from said user;
• 2) cause a loan related search to be conducted using said loan information of at least one borrower related data source and at least one property related data source to generate a report;
• and
• 3) analyze said loan related information and said report to determine whether said loan qualifies for registration under said insurance policy.