US Patent Issued to State Farm Mutual Automobile Insurance on Aug. 26 for "Approving and updating dynamic mortgage applications" (Illinois, California, Washington, Arizona Inventors)

ALEXANDRIA, Va., Aug. 26 -- United States Patent no. 12,400,260, issued on Aug. 26, was assigned to State Farm Mutual Automobile Insurance Co. (Bloomington, Ill.).

"Approving and updating dynamic mortgage applications" was invented by Benjamin Tarmann (Heyworth, Ill.), Richard R. Rhodes (Tacoma, Wash.), Lokesh Awasthy (Santa Clara, Calif.), Denise DeRoeck (Bloomington, Ill.), Jaime Skaggs (Chenoa, Ill.), Jacob J. Alt (Downs, Ill.), Shanna L. Phillips (Bloomington, Ill.), Shyam Tummala (Bloomington, Ill.), Matthew S. Meierotto (Bloomington, Ill.), Richard D. Groonwald (Bloomington, Ill.) and Brian J. Hughes (Scottsdale, Ariz.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and computer-implemented met...