Methods and systems for a collections model for loans

Details Methods and systems for a collections model for loans Methods and systems for a collections model for loans

2006-02-21

2006-02-21

Hamilton, Lalita M. (Department: 3624)

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

Automated electrical financial or business practice or...

Finance

Reexamination Certificate

active

07003491

ABSTRACT:
The present invention, in one aspect, relates to tools for forecasting cash flow and income from a collateral based loan portfolio that are particularly useful in volatile markets. In one specific embodiment, consumer payment behavior is modeled, and account movement is simulated. For each month, actual payment amounts can be compared to delinquency, and frequency of payment can be compared to delinquency. Actual performance is then applied to current contractual payments for forecasting. In addition, the models facilitate determination of where payments are coming from, i.e., who is paying.

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“The Determination of Optimal Bank Lending Decisions During Acquisitions: An Option Value Approach”, Hsu et al, International Journal of Management, vol. 20 No. 1, Mar. 2003, p. 36.

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