Company Filing History:
Years Active: 2006-2012
Title: F Scott Whipple: Innovator in Financial Asset Creation
Introduction
F Scott Whipple is a notable inventor based in Silver Spring, MD, with a focus on creating innovative systems for financial asset management. He holds five patents that showcase his expertise in the financial sector, particularly in the realm of home mortgage loans.
Latest Patents
Whipple's latest patents include a system and method for creating financial assets. This system is designed to create and maintain financial assets that address various types of sub-loan level risks associated with multiple home mortgage loans. The invention features a decomposition tool that breaks down each mortgage loan into sub-loan level cash flows. Additionally, a repackaging tool is utilized to reassemble these cash flows into financial assets. The process involves selecting combinations of cash flows and packaging them to create new financial products. A graphical user interface is also included to display relevant information about the cash flows and financial assets.
Career Highlights
F Scott Whipple has made significant contributions to the field of financial technology through his work at Fannie Mae. His innovative approaches have helped in the development of systems that enhance the management of financial assets, particularly in the mortgage sector.
Collaborations
Whipple has collaborated with notable colleagues such as Timothy M McLuckie and John L Kemper, contributing to the advancement of financial asset creation technologies.
Conclusion
F Scott Whipple's work exemplifies the intersection of innovation and finance, making significant strides in the creation of financial assets. His patents reflect a deep understanding of the complexities involved in managing mortgage-related risks.