Company Filing History:
Years Active: 2007-2019
Title: **Morgan C Snyder: A Pioneer in Mortgage Servicing Innovations**
Introduction
Morgan C Snyder, located in Clifton, VA, is a distinguished inventor with a remarkable portfolio comprising 12 patents. His groundbreaking work primarily focuses on systems and methods aimed at revolutionizing mortgage servicing. Through his inventions, Snyder has significantly contributed to the efficiency and risk management of mortgage contracts, which is vital in today's financial landscape.
Latest Patents
Among Snyder's latest patents is the "System for generating and administering a servicing asset - Method for providing mortgage collateralized servicing (MCS) contracts to mortgage servicers as a tool to manage hedging risk." This innovative system compensates mortgage servicers for their services while introducing a 'self-hedging' component that minimizes or eliminates the need for additional investment and trading in derivatives to manage risks associated with servicing contracts. The risks tackled include default, delinquency, pre-payment, and interest rate fluctuations that mortgage loans often face. His method also preserves the preferred tax and accounting treatment for mortgage servicing rights contracts, benefiting servicers immensely.
Another notable patent is the "Method for structuring a mortgage servicing right asset efficiently to include a hedging component," which further emphasizes Snyder’s dedication to enhancing risk management within the mortgage servicing arena.
Career Highlights
Morgan C Snyder has made significant strides in his career at the Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac. His role in this institution has allowed him to apply his innovative strategies and methodologies to improve mortgage servicing processes. This experience has been instrumental in the development of his patent portfolio, providing practical insights into the challenges faced by mortgage servicers.
Collaborations
In his journey of innovation, Snyder has collaborated with prominent figures in the industry, including Michael G Bradley and J Douglas Gordon. These collaborations have fostered a rich environment for exchanging ideas and advancing the field of mortgage servicing technology.
Conclusion
Morgan C Snyder stands out as a leading inventor in the field of mortgage servicing innovations. His patents significantly enhance the efficiency and risk management for mortgage servicers, demonstrating his commitment to improving the financial services industry. As he continues to evolve his work and contributions, Snyder undoubtedly paves the way for future advancements in mortgage servicing technologies.