System and method for mortgage loan pricing, sale and funding
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United States of America Patent
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Apr 20, 2010
Grant Date -
N/A
app pub date -
Dec 26, 2002
filing date -
Jun 13, 2000
priority date (Note) -
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status (Latency Note)
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Abstract
Systems and methods for optimizing servicing fees for a set of loans are disclosed. A system for optimizing servicing fees for a set of loans may include a processing unit and a storage device coupled to the processing unit having stored therein information for configuring the processing unit to obtain a minimum servicing fee and a maximum servicing fee, identify net benefits of increasing servicing fees for the loans in the set of loans, and iteratively adjust the servicing fee until the optimal servicing fee is attained.
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