Company Filing History:
Years Active: 2010-2011
Title: Innovations by David Gussmann
Introduction
David Gussmann is an accomplished inventor based in San Francisco, CA. He has made significant contributions to the field of loan portfolio management through his innovative methods and systems. With a total of 2 patents, Gussmann's work focuses on enhancing the efficiency and accuracy of managing secondary liens in loan portfolios.
Latest Patents
Gussmann's latest patents include a method and system for updating a loan portfolio with information on secondary liens. This computer-based method allows for the input of property data from a client's loan portfolio. It monitors a secondary lien database for any secondary liens related to the property data. If a secondary lien is detected, the system notifies the client by generating a secondary lien report that includes an Automated Valuation Model (AVM) score or a Combined Loan-to-Value (CLTV) ratio. The portfolio is then updated by creating a new version that incorporates the detected secondary liens. The system comprises a client station for data input, an FTP server for data uploading, and a mainframe server for data standardization, database searching, score calculation, and report generation.
Career Highlights
Gussmann is currently employed at CoreLogic Information Solutions, Inc., where he continues to develop innovative solutions for the financial services industry. His work has been instrumental in improving the way clients manage their loan portfolios, particularly in relation to secondary liens.
Collaborations
Some of Gussmann's notable coworkers include Christopher L. Cagan and Charles E. Crawford, Jr. Their collaboration has contributed to the advancement of technologies in the field of loan management.
Conclusion
David Gussmann's innovative contributions to loan portfolio management demonstrate his commitment to enhancing financial services through technology. His patents reflect a deep understanding of the complexities involved in managing secondary liens, making him a valuable asset in his field.