Freddie Home Loan Mortgage Corporation (freddie Mac)

Andrew Leister

Fabio Quijada

Spyridon Kontogiorgis

Matthew Vincent

Systems and methods are disclosed for automated rule-based income validation using electronic transaction data. One or more processors receive transaction data associated with a financial account, including data elements representing income transactions. Characteristics of the data elements are analyzed, and an income type label and an income source label are associated with the data elements. A cluster of data elements is identified as associated with a first income source label, the identified cluster including data elements associated with a first income type label. The cluster of data elements is verified, and data associated with the verified cluster is analyzed to determine one or more income streams. Based on a transaction rule associated with the one or more income streams, a composite income is calculated, and a net income associated with the first income type is determined. Based on the determined net income, a gross income distribution is generated.

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Arlington, VA, United States of America

Andrew Leister