Method and system for the creation of a class of loan...

Details Method and system for the creation of a class of loan... Method and system for the creation of a class of loan...

2007-02-27

2007-02-27

Millin, Vincent (Department: 3624)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S035000, C705S037000

Reexamination Certificate

active

09731174

ABSTRACT:
An automated system and method for creating a class of loan securities includes determining if a characteristic for each of a plurality the loans satisfies at least one criteria, selecting each of the plurality of loans that satisfy the criteria, and creating the class of loan securities using the selected loans.

REFERENCES:
patent: 5911136 (1999-06-01), Atkins
“Wall Street Tailors MBS Cash Flows in Attempt to Match Investor Tastes.” Asset Sales Report. v7, n38, Oct. 11, 1993.

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