LogicEase Solutions Inc., a San Francisco-based provider of risk-management solutions, has received a notice of allowance for a patent on its automated compliance system from the U.S. Patent and Trademark Office.
The allowed patent, ‘System and Method For Automated Compliance With Loan Legislation,’ primarily encompasses the ComplianceAnalyzer automated compliance system, the company says. ComplianceAnalyzer examines mortgage loans and, in real-time, produces audit reports with summary and detailed findings regarding loan-level compliance with applicable laws and regulations at multiple jurisdictional levels.