Method and system for assessing loan credit risk and performance
US7881994B1 · kind B1 · utility
31Cited by
7References
10Claims
0Family size
Assignee
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Key dates
| Filing date | Apr 1, 2004 |
| Grant date | Feb 1, 2011 |
| Priority date | — |
| Expiry date | Aug 25, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method of determining a probability of an adverse event in connection with a loan (such as, delinquency, default, or prepayment) based on a predetermined set of loan parameters comprises determining whether loan variable data is available for each of the loan parameters. If loan variable data is available for each of the loan parameters, the probability of delinquency within a period of time is estimated as a function of the loan variable data. If loan variable data is not available, the probability of delinquency within a period of time is estimated by imputing the loan variable data that is not available.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.