Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2006-03-02
2010-06-08
Apple, Kirsten S (Department: 3694)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000
Reexamination Certificate
active
07734523
ABSTRACT:
The invention relates to a method, system and computer program product for grading asset-backed securities by assigning a relative grade, including one or more of a prepayment risk component and a complexity component, which may take into account one or more of weighted average life, volatility of weighted average life at moderate and stressed yield curve shifts, and complexity, in the absence of price information.
REFERENCES:
patent: 2003/0105696 (2003-06-01), Kalotay et al.
Childs, Paul, Steven H Ott and Timothy J Riddiough; Journal of Financial and Quantitative Analysis, vol. 31, No. 4; Dec. 1996, pp. 581: titled: The Pricing of Multiclass Commercial Mortgage-Backed Securities.
Stanton, Richard; The Review of Financial Studies, vol. 8, No. 3, AUtumn 1995, pp. 677-708; titled: Rational Prepayment and the Valuation of Mortgage-Backed Securities.
Freddie Mac Offering Circular, Jun. 1, 2003.
Cui Jianyuan
Gora Marian J.
Apple Kirsten S
Federal Home Loan Mortgage Corporation (Freddie Mac)
Oblon, Spivak McClelland, Maier & Neustadt, L.L.P.
LandOfFree
Method, system, and computer program product for grading a... does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Method, system, and computer program product for grading a..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Method, system, and computer program product for grading a... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-4242499