Patent №
US 7,783,565
Granted
2010-08-24
Filed 2007
Owner
FANNIE MAE
Lab
—
AI components
1
planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
11936676
A method and system for evaluating loan repurchase risk are disclosed. The method includes receiving information related to the loan and determining a loan repurchase risk based on upon the information. The information may be used to determine a joint probability of an underwriting discrepancy sufficient to trigger a repurchase request and an adverse event in connection with the loan, such as default or delinquency. In one embodiment, depending on the repurchase risk, the purchaser may waive repurchase rights in connection with the loan, thereby reducing the requirements of the seller to reserve capital for the loan.
AI classification
Ownership
FANNIE MAE
assignment · 248170511
Assignors
AJOSE, STELLA Y., BUIST, HENRY, KOSCINSKI, PATRICIA R., ROSENBLATT, ERIC L.
On an employer assignment, the assignors are typically the inventors.