The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
May. 10, 2022
Filed:
May. 08, 2020
Applicant:
Federal Home Loan Mortgage Corporation (Freedie Mac), McLean, VA (US);
Inventors:
James Douglas Gordon, Arlington, VA (US);
Pamela W. Sims, Cary, NC (US);
Aohua Chen, Herndon, VA (US);
Michael G. Bradley, Chesterfield, MO (US);
Assignee:
FEDERAL HOME LOAN MORTGAGE CORPORATION (FREDDIE MAC), McLean, VA (US);
Primary Examiner:
Int. Cl.
CPC ...
G06Q 30/00 (2012.01); G06Q 40/02 (2012.01);
U.S. Cl.
CPC ...
G06Q 40/025 (2013.01);
Abstract
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.