LOAN COMMITMENT SYSTEM AND METHOD

Patent №

US 8,032,450

Granted

2011-10-04

Filed 2010

Owner

FANNIE MAE

Lab

AI components

2

nlp · planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

12813288

The processing of loans techniques includes a system, and a method. In some embodiments, the system includes a processor, a machine readable storage media, a committing logic, and a user interface. The committing logic is configured to permit a seller of a plurality of mortgage loans to enter into and update commitments to sell the plurality of mortgage loans in secondary mortgage market. The user interface logic is configured to provide an Internet-enabled interface to permit the seller to access the committing logic and to receive the commitments to sell the plurality of mortgage loans by way of the Internet. This Abstract is provided for the sole purpose of complying with the Abstract requirement rules. This Abstract is submitted with the explicit understanding that it will not be used to interpret or to limit the scope or the meaning of the claims.

Natural languagePlanningG06Q 10/10G06Q 20/10G06Q 40/00G06Q 40/03G06Q 40/04

AI classification

Planning0.93
Natural language0.60
AI hardware0.19
Vision0.01
Speech0.00
Knowledge representation0.00
Evolutionary computation0.00
Machine learning0.00

Ownership

FANNIE MAE

assignment · 259220604

Assignors

KEMPER, JOHN L., NOLAN, WILLIAM R., III

On an employer assignment, the assignors are typically the inventors.

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