US Patent Application No: 2008/0120,213

Number of patents in Portfolio can not be more than 2000

SYSTEM AND METHOD FACILITATING WHOLE LOAN TRI-PARTY REPURCHASE AGREEMENT TRANSACTIONS

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ALSO PUBLISHED AS: 8442905
ATTORNEY / AGENT: (SPONSORED)
 

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Abstract

A system and method facilitates tri-party repurchase transactions for whole loans. The system and method obtain details regarding a whole loan to be used for collateral in a tri-party agreement transaction with an investor, from both the dealer or trader offering the whole loan as collateral and one or more third parties with access to those details. Based on the received details, the system formulates a valuation of the whole loan collateral and posts a whole loan collateral entry to facilitate tri-party repurchase of the whole collateral.

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First Claim

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Patent Owner(s)

Patent OwnerAddressTotal Patents
BANK OF NEW YORK, THENEW YORK, NY74

International Classification(s)

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  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Morik, John Old Bridge, NJ 2 4

Patent Citation Ranking

Forward Cites

Patent Info (Count) # Cites Year
 
FANNIE MAE (2)
7,783,565 Method and system for assessing repurchase risk 1 2007
7,885,892 Method and system for assessing repurchase risk 0 2010
 
CHICAGO MERCANTILE EXCHANGE, INC. (1)
8,374,953 System and method for implementing and managing bundled option box futures 0 2010
 
THE BANK OF NEW YORK MELLON, AS COLLATERAL AGENT (1)
7,974,897 System and method facilitating tri-party repurchase agreement transactions 0 2007