SYSTEM AND METHOD FOR CREATING AND TRACKING AGREEMENTS FOR SELLING LOANS TO A SECONDARY MARKET PURCHASER
Patent №
US 8,065,211
Granted
2011-11-22
Filed 2008
Owner
FANNIE MAE
Lab
—
AI components
1
planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
12277092
A system for creating an agreement and tracking compliance with terms of an agreement between a seller and a purchaser for the sale of loans includes deal management logic and a rules processor. The deal management logic is configured to store and track the terms of the agreement using a set of business rules. The rules processor comprises the set of business rules and is configured to facilitate adding or editing at least one business rule based on at least one term of the agreement. In addition, the rules processor is configured to access the business rules to assess compliance with the terms of the agreement during delivery of the loans. The system may also include pricing logic that is configured to create a set of price data based on the at least one term of the agreement.
AI classification
Ownership
FANNIE MAE
assignment · 270310937
Assignors
KEMPER, JOHN L., SIMONDS, JOHN A., JR., MATHEWSON, MARK D., SINGH, NAVDEEP
On an employer assignment, the assignors are typically the inventors.