Federal Home Loan Mortgage Corporation (freddie Mac)

Freddie Mac

James Douglas Gordon

Michael G Bradley

Pamela Williams Sims

Aohua Chen

Gary M Skinner

Stanislav Kornienko

Douglas Alexander McManus

Pamela W Simms

A system is disclosed that includes a database, a processor in communication with the database, and a memory device in communication with the processor. The memory device stores instructions that, when executed by the processor, perform operations including maintaining at the database a data structure comprising historical value data and historical condition data and receiving a query requesting a streamlined process, where the query comprises submitted value data. The operations further include, based on the query, instantiating a value model by obtaining the historical value data from the database and determining, based on the value data, a modeled value ratio; determining, based on the submitted value data, a submitted value ratio; making a first assessment whether the submitted value ratio is within a predetermined range of the modeled value ratio; making a second assessment whether the modeled value ratio exceeds a predetermined maximum; and, based on the first assessment and the second assessment, assigning a first flag to the query. The operations further include, further based on the query, instantiating a condition model by obtaining the historical condition data from the database and, based on the historical condition data, assigning a second flag to the query. The operations still further include, based on the first flag and the second flag, determining whether to assign the query to the streamlined process.

Systems, methods, and computer products for model-based query assignment

Systems and methods comprise maintaining a data structure comprising historical value and condition data, receiving a query with submitted value data requesting a streamlined process, instantiating a value model based on the query by obtaining the historical value data, determining a modeled value ratio based on the value data, determining a submitted value ratio based on the submitted value data, making a first assessment whether the submitted value ratio is within a predetermined range of the modeled value ratio, making a second assessment whether the modeled value ratio exceeds a predetermined maximum, assigning a first flag to the query based on the first assessment and the second assessment, obtaining historical condition data from the database, assigning a second flag to the query based on the historical condition data, and determining whether to assign the query to the streamlined process based on the first flag and the second flag.

Systems and methods are provided for providing an adjustment to a value estimate for a property that is considered distressed. In one embodiment, a method includes receiving the estimate of value for the property; determining, based on a model, the adjustment to the estimate of value, such that the model accounts for a characteristic of the property and a characteristic of the loan; and providing the adjustment.

Systems and methods for adjusting the value of distressed properties

A system is disclosed that includes a database and a processor in communication with the database. The processor is configured to maintain a data structure comprising historical value data and historical condition data and receive a query requesting a streamlined process. The processor is further configured to, based on the query, make a first assessment whether a submitted value ratio is within a predetermined range of a modeled value ratio; make a second assessment whether the modeled value ratio exceeds a predetermined maximum; and, based on the first assessment and the second assessment, assign a first flag to the query. The processor is further configured to based on the query, instantiate a condition model by obtaining the historical condition data; assign a second flag to the query; and based on the first flag and the second flag, determine whether to assign the query to the streamlined process.

Systems, methods, and computer-readable storage media are described for estimating real estate property values based on an adjusted repeat sales model. In one exemplary embodiment, a computer-implemented method comprises calculating data for estimating the adjustments from aggregated levels to disaggregated levels by marking a first transaction to a second transaction using a repeat sales house price index function at an aggregated level; determining, using the calculated data, an estimate of the deviation between the repeat sales house price index at the aggregated level and a repeat sales house price index at a disaggregated level; and calculating the repeat sales house price index at the disaggregated level based on the determined estimate of the deviation from the aggregated level.

System and method for providing an adjusted weighted repeat sale index

A system computes a plurality of estimates of a real estate entity based on various types and numbers of predictive models. It also selects a limited number of best estimates to be combined. Finally, the system weights each selected estimate according to the calculated precision of that estimate and combines the weighted estimates into a combined weighted estimate.

Growing community of inventors

Arlington, VA, United States of America

James Douglas Gordon