Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2006-02-14
2006-02-14
Colbert, Ella (Department: 3624)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000, C705S03600T
Reexamination Certificate
active
06999942
ABSTRACT:
A computer-implemented cash flow decomposition and repackaging system comprises processing logic and a graphical user interface which is coupled to the processing logic. The processing logic decomposes each of a plurality of home mortgage loans into a plurality of sub-loan level cash flows and repackages the plurality of sub-loan level cash flows to form a plurality of financial assets backed by the plurality of sub-loan level cash flows in accordance with operator inputs. The user interface displays indicia representative of the sub-loan level cash flows, the financial assets, and a relationship between the plurality of sub-loan level cash flows and the plurality of financial assets, including a manner in which at least some cash flows are traceable back to one or more of the plurality of home mortgage loans.
REFERENCES:
patent: 5774881 (1998-06-01), Friend et al.
patent: 5852811 (1998-12-01), Atkins
patent: 6012047 (2000-01-01), Mazonas et al.
patent: 6070151 (2000-05-01), Frankel
patent: 6102961 (2000-08-01), Lee et al.
patent: 6112190 (2000-08-01), Fletcher et al.
patent: 6167384 (2000-12-01), Graff
patent: 6192347 (2001-02-01), Graff
patent: 6249775 (2001-06-01), Freeman et al.
patent: 2002/0087445 (2002-07-01), Kaniwa et al.
patent: 2002/0174006 (2002-11-01), Rugge et al.
patent: 2004-38372 (2004-02-01), None
patent: WO 99/46710 (1999-03-01), None
patent: WO 200173654 (2001-10-01), None
Lacey, Nelson Jay PH.D.; “The Detection and Control of Systematic Prepayment Risk In Mortgage-Backed Securities”; 1985; The Pennsylvania State University; vol. 46/09-A Dissertation abstracts International; p. 2738.
Mayewski, Larry G.; Albanse, Michael L.; and Upton, Thomas S.; “Interest rate swings inspire new strategies”; Best'Review (Life/Health); B95n9; Jan. 1995; pp. 1-7.
Lumpkin, Stephen; “Trends and developments in securitisation”; Oct. 1999; Financial Market Trends; N74; 1-26.
Hu, Joseph, Ph.D.,Basics of Mortgage-Backed Securities, Second Edition, © 2001 by Frank J. Fabozzi Associates, New Hope Pennsylvania, 176 pages.
Hecht, Ronny; “Servicing difficult loans”; Jul. 1999; Mortgage Banking; vol. 59; Issue 10; starting at p. 84; (7 pgs.).
Avidon, Eric; “How to set prices for subservicing B&C quality mortgages”; Apr. 1, 1996; National Mortgage News; vol. 20; Issue 26; starting at p. 22; (2 pgs.).
Glenn, Gwendolyn; “Small and midsized firms wrestle with servicing decision”; Feb. 22, 1999; Real Estate Finance Today; vol. 16; Issue 7; starting at p. 7;(3 pgs.).
Staples, Ed; “Secondary markets explore securitizing service fees”; Apr. 29, 1996; vol. 13; Issue 9; starting at p. 3; (2 pgs.).
Gilkeson, James et al; “Buy, sell, or hold? Valuing cash flows from mortgage lending”; Nov. 1994; vol. 79; Issue 6; starting at p. 1; (8 pgs.).
International Search Report; International Application No. PCT/US03/36960; mailed Jun. 10, 2005; 4 pgs.
Hu, Joseph, Ph. D.,Basics of Mortgage-Backed Securities, Second Edition, © 2001 by Frank J. Fabozzi Associates, New Hope Pennsylvania, 176 pages.
Single-Family REMIC, Prospectus, Fannie Mae®, Guaranteed REMIC Pass-Through Certificates, May 1, 2002, 57 pages.
Single-Family MBS Prospectus; Fannie Mae®, Guaranteed Mortgage Pass-Through Certificates (Single-Family Residential Mortgage Loans), May 1, 2002, 46 pages.
Kemper John L.
McLuckie Timothy M.
Whipple F. Scott
Colbert Ella
Fannie Mae
Foley & Lardner LLP
LandOfFree
User interface system and method for configuring cash flow... does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with User interface system and method for configuring cash flow..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and User interface system and method for configuring cash flow... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-3709743