US Patent Issued to FinMkt on Jan. 27 for "Automated loan production systems, methods, and media" (New York, Connecticut Inventors)

ALEXANDRIA, Va., Jan. 28 -- United States Patent no. 12,536,584, issued on Jan. 27, was assigned to FinMkt Inc. (New York).

"Automated loan production systems, methods, and media" was invented by Srikanth Goteti (Scarsdale, N.Y.), Nathan Barber (Darien, Conn.) and Alice Tera Cox (Brooklyn, N.Y.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Automated loan production systems, methods, and media are provided. For example, the disclosed subject matter can provide a point-of-sale platform that sources the borrower, captures the borrower's information in the form of a consumer loan application at a point-of-sale, underwrites the borrower based on criteria provided by lending partners, underwrites one or more merc...