System for periodically updating backings for resource requests

Abstract

Techniques described herein relate to integrating processes of resource requests and corresponding backings. More specifically, backing data is assessed to identify a distribution to be used for resource-request processing.

We claim: 
     
         1 . A system for processing backing records for resource requests, the system comprising:
 a resource chronicle data store comprising a plurality of resource chronicles, wherein each resource chronicle of the plurality of resource chronicles is associated with a resource request, and wherein each resource request comprises a resource value;   a backing data store comprising a plurality of backing records, wherein each backing record of the plurality of backing records represents collateral for at least one resource request, and the plurality of backing records are indexed based on at least one of ownership, type, value, performance, resource request, or institute;   a backing manager running on one or more processors, wherein the backing manager is configured to:
 retrieve a new resource chronicle from the resource chronicle data store, wherein the new resource chronicle is associated with a new resource request from a requestor; 
 retrieve a first backing record from the backing data store, wherein the first backing record represents first collateral for the new resource request; 
 determine a backing value of the first collateral; 
 determine a percentage of the backing value that is associated with at least one other resource request; 
 determine an available backing value of the first collateral as a function of the backing value and the percentage; 
 compare the available backing value to the resource value of the new resource request; and 
 generate an approval of the new resource request if the available backing value is greater than or equal to the resource value of the new resource request. 
   
     
     
         2 . The system for processing backing records for resource requests of  claim 1 , wherein the first collateral comprises at least one of real property, personal property, securities, treasury notes, automobiles, motor homes, boats, or airplanes. 
     
     
         3 . The system for processing backing records for resource requests of  claim 1 , wherein the new resource request is for a residential, business, equipment, vehicle, or personal loan. 
     
     
         4 . The system for processing backing records for resource requests of  claim 1 , wherein the backing manager is further configured to associate the first backing record with the new resource request. 
     
     
         5 . The system for processing backing records for resource requests of  claim 1 , wherein the backing value of the first collateral is reduced as a function of an ownership percentage of the first collateral of the requestor. 
     
     
         6 . The system for processing backing records for resource requests of  claim 1 , wherein the backing manager is further configured to output a message with instructions to record the new resource request against the first collateral. 
     
     
         7 . A method for processing backing records for resource requests, the method comprising:
 storing, by a resource chronicle data store, a plurality of resource chronicles, wherein each resource chronicle of the plurality of resource chronicles is associated with a resource request, and wherein each resource request comprises a resource value;   storing, by a backing data store, a plurality of backing records, wherein each backing record of the plurality of backing records represents collateral for at least one resource request, and the plurality of backing records are indexed based on at least one of ownership, type, value, performance, resource request, or institute; and   processing, by a backing manager, to perform actions of:
 retrieving a new resource chronicle from the resource chronicle data store, wherein the new resource chronicle is associated with a new resource request from a requestor; 
 retrieving a first backing record from the backing data store, wherein the first backing record represents first collateral for the new resource request; 
 determining a backing value of the first collateral; 
 determining a percentage of the backing value that is associated with at least one other resource request; 
 determining an available backing value of the first collateral as a function of the backing value and the percentage; 
 comparing the available backing value to the resource value of the new resource request; and 
   generating an approval of the new resource request if the available backing value is greater than or equal to the resource value of the new resource request.   
     
     
         8 . The method for processing backing records for resource requests of  claim 7 , wherein the first collateral comprises at least one of real property, personal property, securities, treasury notes, automobiles, motor homes, boats, or airplanes. 
     
     
         9 . The method for processing backing records for resource requests of  claim 7 , wherein the new resource request is for a residential, business, equipment, vehicle, or personal loan. 
     
     
         10 . The method for processing backing records for resource requests of  claim 7 , further comprising associating, by the backing manager, the first backing record with the new resource request. 
     
     
         11 . The method for processing backing records for resource requests of  claim 7 , wherein the backing value of the first collateral is reduced as a function of an ownership percentage of the first collateral of the requestor. 
     
     
         12 . The method for processing backing records for resource requests of  claim 7 , wherein the backing manager is further configured to output a message with instructions to record the new resource request against the first collateral. 
     
     
         13 . A non-transitory computer-readable medium having sets of instructions stored thereon for processing backing records for resource requests which, when executed by a computer, cause the computer to perform actions of:
 storing, by a resource chronicle data store, a plurality of resource chronicles, wherein each resource chronicle of the plurality of resource chronicles is associated with a resource request, and wherein each resource request comprises a resource value;   storing, by a backing data store, a plurality of backing records, wherein each backing record of the plurality of backing records represents collateral for at least one resource request, and the plurality of backing records are indexed based on at least one of ownership, type, value, performance, resource request, or institute; and   processing, by a backing manager, to perform actions of:
 retrieving a new resource chronicle from the resource chronicle data store, wherein the new resource chronicle is associated with a new resource request from a requestor; 
 retrieving a first backing record from the backing data store, wherein the first backing record represents first collateral for the new resource request; 
 determining a backing value of the first collateral; 
 determining a percentage of the backing value that is associated with at least one other resource request; 
 determining an available backing value of the first collateral as a function of the backing value and the percentage; 
 comparing the available backing value to the resource value of the new resource request; and 
   generating an approval of the new resource request if the available backing value is greater than or equal to the resource value of the new resource request.   
     
     
         14 . The non-transitory computer-readable medium having sets of instructions stored thereon for processing backing records for resource requests of  claim 13 , wherein the first collateral comprises at least one of real property, personal property, securities, treasury notes, automobiles, motor homes, boats, or airplanes. 
     
     
         15 . The non-transitory computer-readable medium having sets of instructions stored thereon for processing backing records for resource requests of  claim 13 , wherein the new resource request is for a residential, business, equipment, vehicle, or personal loan. 
     
     
         16 . The non-transitory computer-readable medium having sets of instructions stored thereon for processing backing records for resource requests of  claim 13 , wherein the sets of instructions further cause the backing manager to associate the first backing record with the new resource request. 
     
     
         17 . The non-transitory computer-readable medium having sets of instructions stored thereon for processing backing records for resource requests of  claim 13 , wherein the backing value of the first collateral is reduced as a function of an ownership percentage of the first collateral of the requestor. 
     
     
         18 . The non-transitory computer-readable medium having sets of instructions stored thereon for processing backing records for resource requests of  claim 13 , wherein the backing manager is further configured to output a message with instructions to record the new resource request against the first collateral.