Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2011-02-08
2011-02-08
Colbert, Ella (Department: 3694)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S03600T, C704S253000, C715S764000, C434S323000, C706S045000
Reexamination Certificate
active
07885892
ABSTRACT:
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 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. A repurchase report may provide feedback regarding factors contributing to a repurchase risk. 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.
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Ajose Stella Y.
Buist Henry
Koscinski Patricia R.
Rosenblatt Eric L.
Colbert Ella
Fannie Mae
Foley & Lardner LLP
Ojiaku Chika
LandOfFree
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