Methods and systems for efficiently sampling portfolios for optimal underwriting

US7003484B2 · kind B2 · utility

Assignee

• GE Capital Commercial Finance, Inc. · US

Inventors

• Tim Kerry Keyes · West Redding, US
• Christopher Donald Johnson · Clifton Park, US
• Richard Paul Messmer · Rexford, US
• Marc Thomas Edgar · Glenmont, US
• Navneet Kapoor · Barwala, IN

Key dates

• Filing date: Dec 15, 2000
• Grant date: Feb 21, 2006
• Expiry date: Nov 13, 2023

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method of valuation of large groups of assets by partial full underwriting, partial sample underwriting and inferred values of the remainder using an iterative and adaptive supervised and unsupervised statistical evaluation of all assets and statistical inferences drawn from the evaluation and applied to generate the inferred asset values. Individual asset values are developed and listed in relational tables so that individual asset values can be rapidly taken from the tables and quickly grouped in any desired or prescribed manner for bidding purposes. The assets are collected into a database, divided into categories by credit variable, subdivided by ratings as to those variables and then rated individually. The assets are then regrouped according to a bidding grouping and a collective valuations established by cumulating the individual valuations.