Patent №
US 7,340,424
Granted
2008-03-04
Filed 2003
Owner
FANNIE MAE
Lab
—
AI components
3
ml · kr · planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
10737295
A method for facilitating sale of a loan by a seller to a purchaser where the seller and the purchaser have an agreement regarding the sale of loans including terms and the loan has a set of loan data. The method includes determining a price for the loan prior to selling the loan to the purchaser. The price is based on at least the set of loan data and the terms for the agreement. The method also includes applying a set of business rules to the set of loan data prior to selling the loan to the purchaser to identify compliance with terms of the agreement and/or errors in the loan data.
AI classification
Ownership
FANNIE MAE
assignment · 148460557
Assignors
GANG, JOHN E., NOLAN, WILLIAM R. III, KEMPER, JOHN L., VOTH, DAVID N., KOPPERMAN, PETER G.
On an employer assignment, the assignors are typically the inventors.