Inventors:
David H. Brown - Fair Oaks Ranch TX, US
Shelley I. Stadler - San Antonio TX, US
Donald E. Wratislaw - San Antonio TX, US
Joy M. Wyche - San Antonio TX, US
Assignee:
Wells Fargo Bank, N.A. - San Francisco CA
International Classification:
G06Q 40/00
Abstract:
A management system and method for a credit decision-making process. The system and method provide access to an automatically generated and updated status report providing information about conditions required for final credit approval. The status report is available via computer systems used by parties to the credit decision-making process, such as the potential borrower, the creditor, and a business partner working with the potential borrower and creditor. Notifications of changes to the status report and/or updated status reports are automatically provided to the parties via the computer systems. In some embodiments, a request for the current status report can be requested in response to the notification. The system and method also include the capability to access dates scheduled for fulfilling the conditions for final credit approval and to allow requests for changes to the scheduled dates. Notifications of requests for date changes can be automatically provided to all parties needing the information.