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US 2026/0099882 A1Published application
Managing mortgage insurance refunds
OwnerBarry James Nelsoninventor
Life of this patent
Estimating the term…
Abstract
Management of mortgage insurance refunds. A navigable dashboard on a display device of a mortgage issuing institution provides customizable navigation of different mortgage insurance refunds that have been disbursed. Underlying the dashboard is a tool that determines discrepancies in refunds and/or calculates discrepancies between disbursement amounts for mortgage insurance refunds and expected disbursement amounts for those mortgage insurance refunds based on mortgage insurance refund polices of different mortgage insurance providers. The discrepancies can be navigated via the dashboard.
Claims20
A computer-implemented method of managing mortgage insurance refunds, comprising:
- generating, on a display device of a computing device, a first graphical interface, the first graphical interface including a filter for selecting one or more of a plurality of mortgage insurance providers, one or more of the plurality of mortgage insurance providers defining a mortgage insurance refund policy that are different from mortgage insurance refund policies of another of the plurality of mortgage insurance providers;
- receiving, via the filter, a selection of one of the plurality of mortgage insurance providers;
- receiving, via the first graphical interface, a value of a discrepancy factor;
- and
- based on the selection and the value of the discrepancy factor:
- retrieving, from a database, data about a received mortgage insurance refund corresponding to the one of the plurality of mortgage insurance providers, wherein a disbursement amount of the received mortgage insurance refund has a discrepancy as compared with an expected disbursement amount of the received mortgage insurance refund based on the mortgage insurance refund policy of the one of the plurality of mortgage insurance providers;
- and
- generating, on the display device, a second graphical interface, the second graphical interface being populated with the data.
5 more elements
A system for managing mortgage insurance refunds, comprising:
- a database storing scripts, each of the scripts corresponding to a different one of a plurality of mortgage insurance refund policies;
- at least one processor;
- and
- non-transitory computer-readable storage storing instructions that, when executed by the at least one processor, causes the at least one processor to:
- receive data about a received mortgage insurance refund, the data including a disbursement amount of the received mortgage insurance refund;
- match, based on the data, the received mortgage insurance refund to only one of the scripts;
- execute the one of the scripts using the data to calculate an expected disbursement amount of the received mortgage insurance refund;
- compare the disbursement amount and the expected disbursement amount to calculate a discrepancy between the disbursement amount that the expected disbursement amount;
- and
- store the discrepancy and the data in the database.
7 more elements
A system for managing mortgage insurance refunds, comprising:
- a display device;
- a database storing scripts, each of the scripts corresponding to a different one of a plurality of mortgage insurance refund policies;
- at least one processor;
- and
- non-transitory computer-readable storage storing instructions that, when executed by the at least one processor, causes the at least one processor to:
- receive data about received mortgage insurances refunds, the data including disbursement amounts of the received mortgage insurance refunds;
- match, based on the data, each of the received mortgage insurance refunds to a different one of the scripts, the scripts being generated based on refund schedule data stored in mortgage insurance refund schedules and refund factors including loan to value ratios of mortgages for home purchases factors, loan terms factors, lengths of time the mortgages have been in force factors, locations of homes corresponding to the home purchases factors;
- execute the scripts using the data to calculate expected disbursement amounts of the received mortgage insurance refunds;
- compare the disbursement amounts and the expected disbursement amounts to calculate discrepancies between the disbursement amounts and corresponding ones of the expected disbursement amounts;
- store the discrepancies and the data in the database;
- and
- generate on the display device a mortgage insurance refund management dashboard, the mortgage insurance refund management dashboard being configured to display information about one or more of the discrepancies based on filter inputs provided to the mortgage insurance refund management dashboard.
9 more elements
Dependencies are inferred from the claim text.