Company Filing History:
Years Active: 2008-2013
Title: John E Gang: Innovator in Loan Facilitation Technology
Introduction
John E Gang is a notable inventor based in Frederick, MD (US). He has made significant contributions to the field of loan facilitation technology, holding 2 patents that enhance the efficiency of loan transactions. His work primarily focuses on methods that streamline the sale of loans to secondary market purchasers.
Latest Patents
One of John E Gang's latest patents is a system and method for facilitating the sale of a loan to a secondary market purchaser. This innovative method allows a seller to sell a loan to a purchaser based on an agreement that includes specific terms and a set of loan data. The process involves determining a price for the loan prior to the sale, which is influenced by the loan data and the terms of the agreement. Additionally, the method applies a set of business rules to the loan data to ensure compliance with the agreement and to identify any errors.
Career Highlights
John E Gang is currently employed at Fannie Mae, where he continues to develop and refine his innovative solutions in the financial sector. His expertise in loan facilitation has positioned him as a valuable asset to the company and the industry at large.
Collaborations
Some of his notable coworkers include William R Nolan, III and John L Kemper. Their collaborative efforts contribute to the advancement of loan facilitation technologies.
Conclusion
John E Gang's contributions to loan facilitation technology demonstrate his commitment to innovation in the financial sector. His patents reflect a deep understanding of the complexities involved in loan transactions, making him a key figure in this field.