US 8,078,491 B1 · System for card activity-based residential crediting

Abstract

An electrical digital computer machine and a data processing system, methods of making and for using the machine, products produced thereby, as well as data structures and articles of manufacture pertaining thereto, and all necessary intermediates of that which is discussed herein, all in the field of computerized aspects of card crediting to mortgages and the like. More particularly, there is a method for card activity-based residential expense crediting, such as that for points, an external mortgage, or the like. The method includes the steps of: associating card activity with an external residential expense; crediting an amount to the residential expense responsive to the card activity; and generating output including the card activity-based residential expense crediting; wherein at least some of the steps are carried out by computer.

Claims56

Dependent claims

A method of using an apparatus for card activity-based residential mortgage expense crediting, the method including:

providing a digital electrical computer electrically connected to an input device and to an output device;
associating, with said digital computer, data input at said input device, the data representing card activity with further input data representing an external residential mortgage expense selected from a group consisting of a down payment, an equity sharing cost, an inspection, an appraisal, a credit report, an impact fee, a new construction fee, a homeowner assessment, a homeowner association due, a tax account, a hazard account, an escrow account, a stamp, a government fee, a tax, a realtor fee, a recording fee, a title endorsement, a tax certificate, a wire transfer and courier fee, a title and closing fee, flood certificates, a discount point, an origination fee, an underwriting fee, a processing fee, a review and funding fee, a tax service fee, an environmental and termite inspection, a radon test, development cost, infrastructure cost, an architect fee, an engineering fee, a surveying fee, a material cost, landscaping, a water right, a riparian right, a mitigation fee, an attorneys' fee, appliance acquisition or upgrade cost, a material upgrade, a fix-up cost for work and materials required to close the loan, a closing cost, wherein said selection is received from a user from among a plurality of external residential mortgage expense options;
crediting, with said digital computer and according to the external residential mortgage expense, an amount to the external residential mortgage expense responsive to the card activity;
and
generating, at the output device, output including the amount corresponding to the external residential mortgage expense crediting.

2 more elements

A method of using an apparatus for card activity-based residential expense crediting, the method including:

providing a digital electrical computer electrically connected to an input device and to an output device;
associating, with said digital computer, card activity award with data at said input device, said data representing an external residential mortgage expense option selected from a group consisting of at least one of a down payment, an equity sharing cost, rental assistance, a rental contribution, a rent-to-own credit or payment, an inspection, an appraisal, a credit report, a special assessment, an impact fee, a new construction fee, a homeowner assessment, a homeowner association due, a tax account, a hazard account, an escrow account, a stamp, a government fee, a tax, a realtor fee, a recording fee, a title endorsement, a tax certificate, a wire transfer and courier fee, a title and closing fee, flood certificates, a discount point, an origination fee, an underwriting fee, a processing fee, a review and funding fee, a tax service fee, an environmental and termite inspection, a radon test, a lot cost, land cost, development cost, infrastructure cost, an architect fee, an engineering fee, a surveying fee, a material cost, landscaping, a water right, a riparian right, a mitigation fee, an attorneys' fee, a membership fee, parking space acquisition, garage maintenance, appliance acquisition or upgrade cost, a material upgrade, a dockage fee, a marina fee, a common area fee, a house-hunting cost, a fix-up cost for work and materials required to close the loan, a closing cost, mineral rights, tax payment, title insurance, title examination, title insurance binder, moving cost, parking maintenance, and rent;
crediting, with said digital computer and according to the external residential expense option that has been selected, an amount to the external residential expense responsive to the card activity;
applying, with said digital computer, some of the amount to produce a payment for the expense;
and
generating, at said output device, output including the amount corresponding to the payment.

3 more elements

A method of using an apparatus for carrying out card activity-based residential expense crediting, the method including:

responding to a cardholder selecting over the Internet from a plurality of external residential mortgage expense options by forming a combination in an envelope, the combination including at least two of:
a check printed for the payment of the expense, according to the external residential expense option that has been selected;
a coupon printed for making the payment with the check;
and
a statement of showing the card activity and the crediting according to the external residential expense option that has been selected, wherein the option corresponds to a member selected from a group consisting of at least one of a down payment, an equity sharing cost, rental assistance, a rental contribution, a rent-to-own credit or payment, an inspection, an appraisal, a credit report, a special assessment, an impact fee, a new construction fee, a homeowner assessment, a homeowner association due, a tax account, a hazard account, an escrow account, a stamp, a government fee, a tax, a realtor fee, a recording fee, a title endorsement, a tax certificate, a wire transfer and courier fee, a title and closing fee, flood certificates, a discount point, an origination fee, an underwriting fee, a processing fee, a review and funding fee, a tax service fee, an environmental and termite inspection, a radon test, a lot cost, land cost, development cost, infrastructure cost, an architect fee, an engineering fee, a surveying fee, a material cost, landscaping, a water right, a riparian right, a mitigation fee, an attorneys' fee, a membership fee, parking space acquisition, garage maintenance, appliance acquisition or upgrade cost, a material upgrade, a dockage fee, a marina fee, a common area fee, a house-hunting cost, a fix-up cost for work and materials required to close a loan, a closing cost, mineral rights, tax payment, title insurance, title examination, title insurance binder, moving cost, parking maintenance, and rent.

2 more elements

A method for making a digital computer system programmed for carrying out card activity-based external residential mortgage expense crediting, the method including:

providing a data processing system comprising a digital computer electrically connected to an input device for inputting data and to an output device;
and
programming the digital computer to associate card activity with an external residential mortgage expense selected by a cardholder over the Internet from a plurality of external residential mortgage expense options, the options selected from a group consisting of more than one of a down payment, an equity sharing cost, rental assistance, a rental contribution, a rent-to-own credit or payment, an inspection, an appraisal, a credit report, a special assessment, an impact fee, a new construction fee, a homeowner assessment, a homeowner association due, a tax account, a hazard account, an escrow account, a stamp, a government fee, a tax, a realtor fee, a recording fee, a title endorsement, a tax certificate, a wire transfer and courier fee, a title and closing fee, flood certificates, a discount point, an origination fee, an underwriting fee, a processing fee, a review and funding fee, a tax service fee, an environmental and termite inspection, a radon test, a lot cost, land cost, development cost, infrastructure cost, an architect fee, an engineering fee, a surveying fee, a material cost, landscaping, a water right, a riparian right, a mitigation fee, an attorneys' fee, a membership fee, parking space acquisition, garage maintenance, appliance acquisition or upgrade cost, a material upgrade, a dockage fee, a marina fee, a common area fee, a house-hunting cost, a fix-up cost for work and materials required to close the loan, a closing cost, mineral rights, tax payment, title insurance, title examination, title insurance binder, moving cost, parking maintenance, and rent, to credit an amount to the external residential mortgage expense responsive to the card activity and according to the external residential mortgage expense option that has been selected, and to generate output including the crediting, to form the digital computer system.

A method for making a digital computer system programmed for carrying out card activity-based residential mortgage expense crediting, the method including

providing a data processing system comprising a digital computer electrically connected to an input device for inputting data and to an output device;
and
programming the digital computer to associate card activity with a residential mortgage expense selected by a cardholder over the Internet from a plurality of residential expense options, the options selected from a group consisting of more than one of a down payment, an equity sharing cost, rental assistance, a rental contribution, a rent-to-own credit or payment, an inspection, an appraisal, a credit report, a special assessment, an impact fee, a new construction fee, a homeowner assessment, a homeowner association due, a tax account, a hazard account, an escrow account, a stamp, a government fee, a tax, a realtor fee, a recording fee, a title endorsement, a tax certificate, a wire transfer and courier fee, a title and closing fee, flood certificates, a discount point, an origination fee, an underwriting fee, a processing fee, a review and funding fee, a tax service fee, an environmental and termite inspection, a radon test, a lot cost, land cost, development cost, infrastructure cost, an architect fee, an engineering fee, a surveying fee, a material cost, landscaping, a water right, a riparian right, a mitigation fee, an attorneys' fee, a membership fee, parking space acquisition, garage maintenance, appliance acquisition or upgrade cost, a material upgrade, a dockage fee, a marina fee, a common area fee, a house-hunting cost, a fix-up cost for work and materials required to close the loan, a closing cost, mineral rights, tax payment, title insurance, title examination, title insurance binder, moving cost, parking maintenance, and rent, to credit an amount to the residential mortgage expense responsive to the card activity, to apply some of the amount to produce a payment for the expense according to the residential mortgage expense option that has been selected, and to generate output including the amount credited.

A digital computer system programmed for carrying out card activity-based external residential mortgage expense crediting, the computer system including:

a data processing system comprising a digital computer electrically connected to an input device for inputting data and to an output device, said digital computer programmed to associate card activity with an external residential mortgage expense selected by a cardholder over the Internet from a plurality of external residential expense options, the options selected from a group consisting of more than one of a down payment, an equity sharing cost, rental assistance, a rental contribution, a rent-to-own credit or payment, an inspection, an appraisal, a credit report, a special assessment, an impact fee, a new construction fee, a homeowner assessment, a homeowner association due, a tax account, a hazard account, an escrow account, a stamp, a government fee, a tax, a realtor fee, a recording fee, a title endorsement, a tax certificate, a wire transfer and courier fee, a title and closing fee, flood certificates, a discount point, an origination fee, an underwriting fee, a processing fee, a review and funding fee, a tax service fee, an environmental and termite inspection, a radon test, a lot cost, land cost, development cost, infrastructure cost, an architect fee, an engineering fee, a surveying fee, a material cost, landscaping, a water right, a riparian right, a mitigation fee, an attorneys' fee, a membership fee, parking space acquisition, garage maintenance, appliance acquisition or upgrade cost, a material upgrade, a dockage fee, a marina fee, a common area fee, a house-hunting cost, a fix-up cost for work and materials required to close the loan, a closing cost, mineral rights, tax payment, title insurance, title examination, title insurance binder, moving cost, parking maintenance, and rent, to credit an amount to the external residential mortgage expense responsive to the card activity and according to the external residential expense option that has been selected, to apply some of the amount to produce a payment for the expense, and to generate output including at least two of:
a check printed for the payment of the expense;
a coupon printed for making the payment with the check;
and
a statement of showing the card activity and the crediting.

2 more elements

A digital computer system programmed for carrying out card activity-based residential mortgage expense crediting, the computer system including:

a data processing system comprising a digital computer electrically connected to an input device for inputting data and to an output device, said digital computer programmed to associate card activity with a residential mortgage expense selected by a cardholder from a plurality of external residential expense options over the Internet, the options selected from a group consisting of more than one of a down payment, an equity sharing cost, rental assistance, a rental contribution, a rent-to-own credit or payment, an inspection, an appraisal, a credit report, a special assessment, a homeowner assessment, a homeowner association due, a tax account, a hazard account, an escrow account, a stamp, a tax, a title endorsement, a tax certificate, an environmental and termite inspection, a radon test, a lot cost, land cost, development cost, infrastructure cost, a material cost, landscaping, a water right, a riparian right, parking space acquisition, garage maintenance, appliance acquisition or upgrade cost, a material upgrade, a house-hunting cost, a fix-up cost for work and materials required to close the loan, mineral rights, tax payment, title insurance, title examination, title insurance binder, moving cost, parking maintenance, and rent, to credit an amount to the residential mortgage expense responsive to the card activity and according to the residential mortgage expense option that has been selected, to apply some of the amount to produce a payment for the expense, and to generate output including at least two of:
a check printed for the payment of the expense;
a coupon printed for making the payment with the check;
and
a statement of showing the card activity and the credit.

2 more elements

A method of using an apparatus for carrying out computerized card activity-based external residential expense crediting, the method including:

providing a digital electrical computer electrically connected to an input device and to an output device;
and
crediting, with said computer, card activity to an external residential mortgage expense payment in response to a cardholder instruction received over the Internet, the instruction comprising a selection by a cardholder from a plurality of external residential expense options, the options selected from a group consisting of more than one of a down payment, an equity sharing cost, rental assistance, a rental contribution, a rent-to-own credit or payment, an inspection, an appraisal, a credit report, a special assessment, an impact fee, a new construction fee, a homeowner assessment, a homeowner association due, a tax account, a hazard account, an escrow account, a stamp, a government fee, a tax, a realtor fee, a recording fee, a title endorsement, a tax certificate, a wire transfer and courier fee, a title and closing fee, flood certificates, a discount point, an origination fee, an underwriting fee, a processing fee, a review and funding fee, a tax service fee, an environmental and termite inspection, a radon test, a lot cost, land cost, development cost, infrastructure cost, an architect fee, an engineering fee, a surveying fee, a material cost, landscaping, a water right, a riparian right, a mitigation fee, an attorneys' fee, a membership fee, parking space acquisition, garage maintenance, appliance acquisition or upgrade cost, a material upgrade, a dockage fee, a marina fee, a common area fee, a house-hunting cost, a fix-up cost for work and materials required to close the loan, a closing cost, and rent, said crediting reflected in output produced at said output device.

Dependencies are inferred from the claim text.

System for card activity-based residential crediting

Life of this patent

System for card activity-based residential crediting

Life of this patent

Abstract

Claims56