Fannie Mae

Lois Wesly

Eric Rosenblatt

Khristina Waters

Stacey Shifman

Alex Medinets

Susan H Staley

Sylvia A Ramos

A system, comprises a device including a memory with an application configured to validate data in an acquisition installed thereon, wherein the system is improved by the application being configured to electronically receive a query for a financial transaction between a first party and a second party, electronically transmit an encryption key from the second party to a third party, electronically transmit the encryption key from the second party to a data source and accessing a first set of a data associated with the financial transaction, electronically receive the first set of data associated with the financial transaction and validate the first set of data associated with the financial transaction by applying validation heuristics and output a finding report and provide the second party validation heuristic output in the finding report.

Using automated data validation in loan origination to evaluate credit worthiness and data reliability

A computer system for evaluating multiple loan workout options. Each loan workout option includes at least one scenario. The computer system includes a collection component and a processing component. The collection component collects information relating to a loan from a plurality of internal and external sources. The processing component evaluates the workout options based on the information relating to the loan. The processing component also uses predetermined values obtained from evaluations of empirical data and predefined rules associated the scenario to access risks associated with each of the workout options and to provide at least one recommendation for each workout option to a user.

Method and system for evaluating loan workout scenarios

Growing community of inventors

Washington, DC, United States of America

Lois Wesly