System and method for pricing loans in the secondary mortgage market
US7979346B2 · kind B2 · utility
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75References
20Claims
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Key dates
| Filing date | Oct 1, 2010 |
| Grant date | Jul 12, 2011 |
| Priority date | — |
| Expiry date | Oct 1, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/03
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system is provided for generating pricing information regarding loans where each loan has loan level data and is associated with a borrower. The system includes a pricing engine for generating a price for each loan including an interest rate component and a credit risk component. The credit risk component is generated based on loan level data for the particular loan.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.