Computerized lending method found patent-ineligible, again

Description

Abstract: Patentees hoping to establish that inventions involving an abstract idea are patent-eligible generally must have an inventive concept. That’s the lesson the plaintiff learned in a recent case before the U.S. Court of Appeals for the Federal Circuit involving computer-implemented business methods. This article summarizes the case and discusses Section 101 of the Patent Act. Mortgage Grader, Inc. v. First Choice Loan Services, Inc., Nov. 4, 2015, No. 15-1415 (Fed. Cir.)