Federal Home Loan Mortgage Corporation (freddie Mac)

Ganesh Krishnamoorthy

Sachin Dharmadhikari

Systems, methods, and computer-readable media are disclosed for selecting loan payment terms for improved loan quality and risk management. An exemplary embodiment includes storing first loan data corresponding to a first loan to a first borrower. The first loan may have been funded based on an initial financial disclosure that reflects the financial status of the first borrower during an initial time period when the first loan was funded. First payment terms and second payment terms are stored, and one of the first payment terms or the second payment terms is selected based on whether the first borrower provides the updated financial disclosure. The first loan data is processed consistently with the selected payment terms.

Growing community of inventors

Fairfax Station, VA, United States of America

Ganesh Krishnamoorthy