Title:
RESPA COMPLIANT TITLE INSURANCE COMMITMENT SYSTEM
Document Type and Number:
WIPO Patent Application WO2005024576
Kind Code:
A3
Abstract:
An automated system for producing a title insurance commitment can include a database of title evidence images which can be viewed through an image viewer. As required by RESPA, a title insurance examiner can produce a title insurance commitment based upon a review of the title insurance evidence presented through the image viewer. A first set of multi-locality textual clauses can be provided, which clauses can specify minimal requisite language for a title commitment. A second set of multi-locality textual clauses further can be provided, which clauses can specify minimal exclusionary language for a title commitment. The system yet further can include a filter for reducing the first and second sets to localityspecific textual clauses of minimal requisite and exclusionary language. A user interface can be configured to present the locality specific textual clauses in selectable form. Consequently, a title commitment processor can be programmed to generate a title commitment based upon selected ones of the locality specific textual clauses.
Inventors:
LAJOIE JOHN T (US)
ROSSBURG SUSAN L (US)
ROSSBURG SUSAN L (US)
Application Number:
PCT/US2004/027682
Publication Date:
February 09, 2006
Filing Date:
August 26, 2004
Export Citation:
Assignee:
FIRST AMERICAN TITLE INSURANCE (US)
LAJOIE JOHN T (US)
ROSSBURG SUSAN L (US)
LAJOIE JOHN T (US)
ROSSBURG SUSAN L (US)
International Classes:
G06F; (IPC1-7): G06F17/60
Foreign References:
| US20030036922A1 | 2003-02-20 |
Other References:
1 December 2002 (2002-12-01), XP002993972, Retrieved from the Internet
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