Elizabeth H Schamber

Title: Innovations by Elizabeth H. Schamber

Introduction

Elizabeth H. Schamber is an accomplished inventor based in Heathsville, Virginia. She has made significant contributions to the housing finance industry through her innovative patent. Her work focuses on improving the efficiency and compliance of mortgage loan processing.

Latest Patents

Elizabeth holds a patent for "Systems and methods for facilitating the flow of capital through the housing finance industry." This invention involves a computerized mortgage loan data processing system that includes a loan cost analysis engine. The engine compares data related to loan pricing for a mortgage loan with established loan pricing standards. It evaluates whether the loan pricing complies with these standards. An interface is designed to provide indications of compliance prior to the closing of the loan or before the sale of the mortgage loan in the secondary mortgage market. This indication can be directed to a mortgage loan advisor or a secondary mortgage market purchaser.

Career Highlights

Elizabeth is currently employed at Fannie Mae, a leading company in the housing finance sector. Her role involves leveraging her expertise to enhance mortgage loan processing systems. She has been instrumental in developing solutions that streamline operations and ensure compliance with industry standards.

Collaborations

Some of her notable coworkers include David N. Voth and Richard N. Plotnick. Their collaboration has contributed to the advancement of innovative solutions within the company.

Conclusion

Elizabeth H. Schamber's contributions to the housing finance industry through her patent demonstrate her commitment to innovation and efficiency. Her work continues to impact the way mortgage loans are processed, ensuring compliance and facilitating capital flow in the industry.