Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or...
Reexamination Certificate
2011-08-30
2011-08-30
Vig, Naresh (Department: 3688)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
C705S035000, C705S306000
Reexamination Certificate
active
08010377
ABSTRACT:
Systems and methods are provided for generating a model for providing one or more scores indicating a likelihood that an appraisal value is faulty. In one embodiment, a method includes receiving information representative of at least one of a borrower, a property, or one or more demographics; receiving a first appraisal value of the property; receiving a second appraisal value of the property, such that the second appraisal verifies the first appraisal; and determining one or more parameters for the model based on the received information, the received first appraisal value, and the received second appraisal value, such that the one or more parameters enable the model to provide the one or more scores.
REFERENCES:
patent: 2002/0161609 (2002-10-01), Zizzamia et al.
Ted Cornwell, Ocwen Puts Vendor Management on New Site, Oct. 16, 2000, National Mortgage News, vol. 25, Issue 4, p. 8.
Zizzamia et al. U.S. Appl. No. 60/242,633, Oct. 23, 2010.
Bradley Michael G.
Gordon J. Douglas
McManus Douglas A.
Sims Pamela W.
Snyder Morgan C.
Federal Home Loan Mortgage Corporation (Freddie Mac)
Finnegan Henderson Farabow Garrett & Dunner LLP
Vig Naresh
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