System and method facilitating whole loan tri-party repurchase agreement transactions

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8442905
APP PUB NO 20080120213A1
SERIAL NO

11561747

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Abstract

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A system and method facilitates tri-party repurchase transactions for whole loans. The system and method obtain details regarding a whole loan to be used for collateral in a tri-party agreement transaction with an investor, from both the dealer or trader offering the whole loan as collateral and one or more third parties with access to those details. Based on the received details, the system formulates a valuation of the whole loan collateral and posts a whole loan collateral entry to facilitate tri-party repurchase of the whole loan collateral.

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Patent Owner(s)

Patent OwnerAddress
THE BANK OF NEW YORK MELLON240 GREENWICH STREET NEW YORK NY 10286

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Morik, John Old Bridge, US 2 21

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