Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Discount or incentive
Reexamination Certificate
2011-04-26
2011-04-26
Patel, Jagdish N (Department: 3693)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Discount or incentive
C705S035000, C705S03600T
Reexamination Certificate
active
07933796
ABSTRACT:
A method of estimating credit risk associated with a financial asset includes receiving data regarding the asset and corresponding to a first date; determining a parameter using received data and the amount of time between the first date and a second date, the parameter being based on a predetermined estimate of the predictive value of received data with regard to a possible adverse event associated with the asset on the second date; and determining a probability of the adverse event as a function of the parameter. A system for estimating credit risk associated with a financial asset includes memory configured to store received data regarding the asset and a processor coupled to the memory and operable to execute programmed instructions, wherein the programmed instructions are configured to determine the parameter and the probability of the adverse event as a function of the parameter.
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Buist, III Henry
Joe Yong Chul
Fannie Mae
Foley & Lardner LLP
Patel Jagdish N
Poe Kevin
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