Pamela Marguerite Howard

Title: Innovations by Pamela Marguerite Howard

Introduction

Pamela Marguerite Howard is an accomplished inventor based in Gresham, Oregon. She has made significant contributions to the field of finance through her innovative patent designs. With a total of 2 patents, her work focuses on enhancing mortgage loan processes and payment structures.

Latest Patents

One of her latest patents is titled "Modifiable Mortgage." This invention relates to methods and apparatuses for providing, processing, and servicing a mortgage loan that includes one or more exercisable options. The method involves storing terms of an exercisable option in a non-transitory computer-readable medium, which can modify the mortgage loan's terms based on a non-mortgage relationship between the borrower and lender.

Another notable patent is "Loan Product with Convertible Payment Terms." This invention provides apparatus and methods for converting a scheduled loan payment between a composite amount and an interest-only amount. The scheduled loan payment can be adjusted based on customer requests, allowing for flexibility in payment structures while adhering to lending risk criteria.

Career Highlights

Pamela is currently employed at Bank of America Corporation, where she applies her expertise in financial innovations. Her work has been instrumental in developing new financial products that cater to the evolving needs of borrowers and lenders alike.

Collaborations

Throughout her career, Pamela has collaborated with talented professionals, including Shane Anthony Johnson and Lisa D. Curry. These partnerships have fostered a creative environment that encourages the development of groundbreaking financial solutions.

Conclusion

Pamela Marguerite Howard's contributions to the field of finance through her innovative patents demonstrate her commitment to improving mortgage and loan processes. Her work continues to influence the industry and pave the way for future advancements.