Company Filing History:
Years Active: 2008-2012
Title: Innovations by Ross H Cornell
Introduction
Ross H Cornell is an accomplished inventor based in Ashburn, VA (US). He has made significant contributions to the field of data processing systems and investment securities. With a total of 4 patents to his name, Cornell's work focuses on creating efficient floater classes and enhancing the value of mortgage-backed securities.
Latest Patents
One of Cornell's latest patents involves a method for creating investment securities structured from interest-rate derivative and mortgage pool components. This innovative method includes analyzing the risk elements of the derivative and mortgage pool components. It also involves structuring one or more classes of securities, at least one of which is backed by these components in combination, and issuing the structured securities. Additionally, a computer program product and data processing system for practicing the method are described. A novel investment security is disclosed, which incorporates cash flows from mortgage pool components and cash flows coming from derivative components. Finally, a method of adding value to mortgage-backed securities is also detailed.
Career Highlights
Throughout his career, Ross H Cornell has worked with notable organizations such as the Federal Home Loan Mortgage Corporation and Freddie Mac. His experience in these companies has allowed him to apply his innovative ideas in practical settings, contributing to advancements in the financial sector.
Collaborations
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Conclusion
Ross H Cornell's contributions to the field of data processing and investment securities demonstrate his innovative spirit and expertise. His patents reflect a deep understanding of financial systems and a commitment to enhancing their efficiency and value.