This inventor holds 6 USPTO granted patents. Top assignee: Fannie Mae. Active years: 2006-2012.
Company Filing History:
Years Active: 2006-2012
Title: Innovations by Timothy M McLuckie
Introduction
Timothy M McLuckie is an accomplished inventor based in Rockville, MD, with a notable portfolio of six patents. His work primarily focuses on financial systems and accounting methodologies, showcasing his expertise in creating innovative solutions for complex financial challenges.
Latest Patents
One of McLuckie's latest patents is a "System and method for creating financial assets." This invention provides a system for creating and maintaining financial assets that address various types of sub-loan level risk associated with home mortgage loans. The system includes a decomposition tool that breaks down mortgage loans into sub-loan level cash flows and a repackaging tool that forms financial assets from these cash flows. Additionally, a graphical user interface displays relevant information regarding the cash flows and financial assets.
Another significant patent is the "Accounting system and method," which describes a computerized accounting system featuring a service-oriented architecture. This system includes an accounting service capable of storing versioned accounting policies, which are essential for processing accounting data and determining their impact on financial results. The system also incorporates an event processing framework for amortizing loans, securities, and guaranty fee items.
Career Highlights
Timothy McLuckie is currently employed at Fannie Mae, where he applies his innovative thinking to enhance financial systems. His contributions have significantly impacted the way financial assets are created and managed, demonstrating his commitment to advancing the field of finance.
Collaborations
Some of McLuckie's notable coworkers include F Scott Whipple and John L Kemper, who collaborate with him on various projects within the financial sector.
Conclusion
Timothy M McLuckie's inventive contributions to financial systems and accounting methodologies highlight his role as a leading innovator in the industry. His patents reflect a deep understanding of financial complexities and a commitment to developing solutions that enhance financial asset management.