Methods and systems of predicting mortgage payment risk

Details Methods and systems of predicting mortgage payment risk Methods and systems of predicting mortgage payment risk

2011-06-21

2011-06-21

Colbert, Elal (Department: 3694)

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

Automated electrical financial or business practice or...

Finance

C705S038000, C705S035000, C705S039000

Reexamination Certificate

active

07966256

ABSTRACT:
A method for detecting a risk of payment default comprises receiving mortgage data associated with a mortgage application, the mortgage application associated with an applicant, determining a first score for the mortgage data based at least partly on one or more models that are based on data from a plurality of historical mortgage transactions and based on historical credit information related to the applicant, and generating data indicative of a risk of payment default based at least partly on the first score.

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