Patent · US Active

System and method for creating financial assets

US7856397B2 · kind B2 · utility

66Cited by

33References

16Claims

0Family size

Assignee

Fannie Mae · US

Inventors

F. Scott Whipple · Tucson, US
Timothy M. McLuckie · Rockville, US

Key dates

Filing date	Dec 29, 2003
Grant date	Dec 21, 2010
Priority date	—
Expiry date	Jun 29, 2027

Classification

Technology area (CPC G)Physics
CPC primaryG06Q40/12
WIPO fieldIT methods for management
WIPO sectorElectrical engineering

Abstract

A method, the method comprising decomposing each of a plurality of home mortgage loans into a plurality of sub-loan level cash flows, repackaging the plurality of sub-loan level cash flows to form a plurality of financial assets backed by the plurality of sub-loan level cash flows, making a determination of accounting rules that apply to the plurality of financial assets, and storing and tracking accounting data for the plurality of financial assets based at least in part on the accounting rules.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.