SYSTEM AND METHOD FOR COMMITTING TO PURCHASE OR SELL LOANS
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United States of America Patent
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app pub date -
Sep 12, 2012
filing date -
Dec 30, 2002
priority date (Note) -
Abandoned
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Abstract
A method for generating a price for a loan comprises providing a seller of one or more loans with an ability to make an N-day forward commitment, wherein N is an arbitrary number selectable by the seller. The method further comprises receiving a commitment from the seller for the one or more loans and generating a market-based price for the one or more loans based on the N-day forward commitment.
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