Importance

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Abstract

A machine for producing and communicating output data, via a link over a network, to carry out a financial transaction including a mortgage loan, the machine including a computer configured to receive input data corresponding to a financial transaction including a mortgage loan which includes a financial term, the financial term being a financial term which is subject to change before the financial term has a set value triggered, according to information elicited regarding a potential customer who contemplates the mortgage loan, by a current market rate, produce output data from the input data, store the produced output data in memory, and communicate the produced output data from the memory, via a link over a network to, at least one of a consumer's computer, a broker's computer, a lender's computer, a seller's computer, a securities exchange computer, a trading desk computer, a buyer's broker computer, and an investor's computer so as to carry out the financial transaction including the mortgage loan.

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First Claim