Patent №
US 8,065,225
Granted
2011-11-22
Filed 2007
Owner
FANNIE MAE
Lab
—
AI components
1
planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
11901720
A computer-implemented method for processing an application for a mortgage loan, such that the mortgage loan is configured to include a set of financial lending requirements and further include certain financial lending risks associated with financing the mortgage loan. The steps of the method include receiving the mortgage loan application, processing the mortgage loan application through an electronic database, applying the set of financial lending requirements to the mortgage loan application, generating a listing of at least one eligible lender or loan product based on the application of the financial lending requirements to the mortgage loan application, and submitting the mortgage loan application to the eligible lender, the mortgage loan being configured such that the financial lending risks are configured to be absorbed by a secondary mortgage market investor.
AI classification
Ownership
FANNIE MAE
assignment · 270500506
Assignors
LEWIS, HAROLD, JR., AMOS, TRACEY G., ANDERS, ERIC RONALD, ARMSTRONG, NITIRWORK, CREDLE, SIDNEY VINCE, JR., DAVIS, TERRI LYNN, KING, THOMAS L., PHILLIPS, GREGORY JOSEPH, SAHADI, ROBERT JOHN
On an employer assignment, the assignors are typically the inventors.