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.

PlanningG06Q 40/02G06Q 30/0283G06Q 40/00G06Q 40/03G06Q 40/04G06Q 40/06G06Q 40/10G06Q 50/188

AI classification

Planning1.00
Knowledge representation0.37
Vision0.12
Natural language0.04
AI hardware0.01
Evolutionary computation0.00
Machine learning0.00
Speech0.00

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.

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