System and method for transferring mortgage loan servicing rights

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7747526
SERIAL NO

11508470

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Abstract

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A computer-implemented system for facilitating sale of a mortgage loan comprises committing logic and servicing execution logic. The committing logic is configured to receive a loan commitment from a lender. The servicing execution logic is coupled to the committing logic. The servicing execution logic is configured to receive servicing-released pricing from one or more servicers for purchasing a servicing asset of the loan from the lender. The servicing execution logic is further configured to select one of the one or more servicers as a purchaser for a servicing asset of the mortgage loan from the lender based upon parameters specified by the servicers and/or by the lender.

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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
Carter, Thomas J Walkersville, US 10 171
Dixon, Amelia M Clifton, US 2 13
Jozwiak, John J Frederick, US 2 13
Keller, Kathleen P Ashburn, US 2 13
Palumbo, Donald R Ashburn, US 7 22

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