Method and system for monitoring for and reporting of lien distress events

A computer-based method of monitoring for and reporting of a lien distress event relatable to property, comprising:

• inputting property data from a client loan portfolio for client loans to be monitored;
• inputting lien distress event notification criteria;
• standardizing the input property data;
• updating the client loans to be monitored with the standardized property data and the custom lien distress event notification criteria;
• monitoring one or more databases for lien distress events relatable to the client loans to be monitored;
• if a lien distress event relatable to the client loans to be monitored is detected, checking whether the lien distress event notification criteria is satisfied;
• and
• if the lien distress event notification criteria is satisfied, delivering a lien distress report to the client.

A system for monitoring for and reporting of lien distress events relatable to lender loans on property, comprising:

• a client station inputting lender loan data for monitoring;
• an FTP server uploading from the client station the lender loan data;
• and
• a mainframe server comprising
• a data standardization module for standardizing the lender loan data,
• a database search engine for searching a records database for lien distress events relatable to the lender loan data, and
• a report generating module for reporting to the client station via the FTP server lien distress events relating to the lender loan data.