Computerized systems and methods for facilitating the flow of capital through the housing finance industry

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7593893
SERIAL NO

11322576

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Abstract

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An online system for identifying and pricing a mortgage loan that meets a predetermined business objective of a mortgage market participant includes a business objective database and an underwriting engine coupled to the business objective database. The business objective database is configured to store a set of loan characteristics for at least one business objective of the mortgage market participant. The underwriting engine is configured to receive loan application data for a borrower via an online network. The underwriting engine is also configured to provide an underwriting approval status for the mortgage loan, to identify if the mortgage loan is a business objective mortgage loan by comparing the loan application data to the set of loan characteristics for the at least one business objective and, if the mortgage loan is a business objective mortgage loan, to determine a business objective pricing component for the mortgage loan.

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Patent Owner(s)

Patent OwnerAddress
FANNIE MAE3900 WISCONSIN AVENUE NW WASHINGTON DC 20016-2892

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Goodman, Sheilah A Kearneysville , US 2 111
Kopperman, Peter G Bethesda , US 9 577
Ladd, Christine R Bethesda , US 1 94

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