Location History:
- McLean, VA (US) (2010)
- Fairfax, VA (US) (2006 - 2012)
Company Filing History:
4 out of 111 
1 out of 832,680 Years Active: 2006-2012
Title: The Innovations of Richard N Plotnick
Introduction
Richard N Plotnick is a notable inventor based in Fairfax Station, VA (US). He has made significant contributions to the housing finance industry through his innovative patents. With a total of five patents to his name, Plotnick has developed advanced computerized systems that facilitate the flow of capital in this sector.
Latest Patents
One of his latest patents is titled "Computerized systems and methods for facilitating the flow of capital through the housing finance industry." This invention includes a computer-implemented data processing system that features a pricing engine and user interface program logic. The pricing engine is designed to calculate a price for an individual mortgage loan before the closing of the loan, based on the mortgage loan application data for the borrower. The user interface logic generates screen displays that present the calculated price to the loan originator and allows for a commitment for the sale of the mortgage loan to a secondary market purchaser.
Another significant patent by Plotnick is also focused on facilitating capital flow in the housing finance industry. This computerized mortgage loan data processing system includes a loan cost analysis engine that compares loan pricing data with established loan pricing standards. The system provides indications of compliance with these standards prior to the closing of the loan or the sale of the mortgage loan in the secondary market.
Career Highlights
Throughout his career, Richard N Plotnick has worked with prominent companies, including Fannie Mae. His work has had a lasting impact on the efficiency and effectiveness of mortgage loan processing.
Collaborations
Plotnick has collaborated with notable professionals in the field, including David N Voth and Peter G Kopperman. Their combined expertise has contributed to the development of innovative solutions in housing finance.
Conclusion
Richard N Plotnick's contributions to the housing finance industry through his patents demonstrate his commitment to innovation. His work continues to influence the way mortgage loans are processed and priced, showcasing the importance of technology in finance.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.